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I don’t understand why your here than?
So other people don't fall for scams and lose money on pump & dumps. I've seen more people lose money on this stock because they are led by false news/implications (courtesy of Twitter raiders Galaxy are friends with on Twitter), thinking "this will skyrocket", only to keep hearing things like, "I got in at 0.035. Will it ever go back up?" or "I've lost thousands on this stock, I'm out" while the same people shorting keep lying about how "it's going to skyrocket" and "I'M LOADING UP!!! JUST BOUGHT 100K!" when you know they never did because nobody keeps loading up after continuous losses in trades of the same stock. Nobody.
Pretty much most of the serious investors left this page because they got out and now it's like the Yahoo finance GAXY page...just filled with liars and penny raiders trying to bait people into the stock.
Struggling to stay at 0.0151...like I've been saying.
Don't listen to the pump & dump scammers. They're all waiting for gullible investors to feel "left out of the big skyrocket".
And as usual, PR release before opening bell, the shorts come, and then it's in the red. This is every day for the past 2 months. Bloated old news to lead new naive twitter investors into buying in and when they see the volume, the shorts come and raid it.
I still think Galaxy are also part of this short game, especially their ghost majority shareholder in Singapore.
GALAXY FOREVER is either a liar or a very bad investor.
Read his past posts. Says he bought 98,500 shares at 0.0151 and 69K at 0.0148.
Currently: 0.0146.
Nobody keeps losing on trades and still keeps pumping a stock.
Watch out for these pump & dump penny raiders.
Struggling to stay above $0.015...like I said.
GALAXY FOREVER and other bear raiders are trying to bait you into buying.
These guys say they "loaded up" this past week in the 0.015s.
Sure.
This stock is going to fall down to a penny and will still be overvalued.
You've been cautioned.
Like I said, it will struggle to maintain 0.015.
Been saying this several weeks. It's going to fall below 0.015 and shortly decline continuously down to a penny.
I should know, I got position in this stock over 3 months ago when it was 1/3 of a penny, so I've seen the effects after it bloated up to 0.06 with false speculative twitter news(courtesy of GAXY's followers) and saw this drop to 0.03.
I saw this struggle to keep at 0.03, then crash several weeks ago to 0.02. I saw this fail to keep above 0.02 and got out.
And I said it would fail to maintain at 0.015 and it is looking like that is the case.
2/2...I like my odds.
Don't fall for the short bears trying to bait you into buying. This will fall down to a penny. Guaranteed.
Don't fall for the bait.
Wait until under a penny. These guys came from the Yahoo Finance board and Discord GAXY channel made of shorts that worked together to short the stock in the mornings. They all took daily roll call of shares after closing every day and coordinated shorting the stock in the morning.
These guys are going to do whatever it takes, even if it means making up fake chart signals. They will try to make you feel like you should listen to them.
Then when they see the price go up from naive twitter investors...BAM! You''re knocked upside your head wondering "will this stock ever recover?"
Looks like I've upset a bunch of late-to-the-party bear raiders.
I had this stock for almost 3 months and there were 3 kinds of investors:
1. Those who got in before 0.01 who are long and only invested a couple hundred dollars.
2. Those who got in after the 0.06 bear raid and got in at 0.03-0.04 that kept losing money.
3. Bear shorts who kept bragging about "loading up" and trying to get people to invest more into the stock so the value would go up for more opportunities of shorting.
This stock is overvalued, period. It went up 2000% within 3 weeks(Aug-Sept). Even at 0.01, it's still overpriced. So anyone who is saying this stock will "skyrocket", anyone who is saying "I'm loading up" is purposely trying to get you to buy in so they can keep shorting the stock in the mornings on opening bell.
It failed to maintain at 0.03 after it crashed from 0.06. It failed to maintain at 0.02 after it crashed a couple weeks from 0.03.
I said it would struggle at 0.015 and it looks to be the case. I also said this would be going down under a penny and it looks to be the case. It will be under a penny in another 2 weeks. I also said this would crash again today.
If you're a true long, you're not bragging or trying to pump people up into buying because you're frustrated with the stock. This is fact.
I'm going to keep spreading precaution on this stock to keep twitter investors from buying into this pump and dump.
Keep sending me private messages, they're all entertaining and I get a sense of gratification when I see 20 messages complaining about my posts.
Sweet Lord... acquisition closing next week (by mid-October stated by GAXY) SP should jump over .03 GL.
Classic pump & dump player.
Again, it dropped from 0.06 to 0.03 and couldn't maintain at 0.03. It got shorted again, dropped to 0.02, now it's barely maintaining 0.015.
Do not fall for their pump & dump bait. They're going to make you feel like you're "missing out".
I'm already getting a ton of messages from these guys upset with me killing their short game.
Monday will be another short raid, will go down 9-13%, won't maintain 0.015, and will drop below a penny.
I know this pattern like the back of my hand.
You've been warned.
WARNING: do not buy in GAXY.
The short penny raiders are here trying to pump & dump GAXY on it's last legs.
You've been warned multiple times. If you get in, they'll short and burn ya.
I had this stock for 3 months, before the penny raiders came and after the penny raiders still came. They're going to make it feel like "you're missing out."
Don't get in until you can see this hit 0.04. Unless you're planning on shorting the stock. If so, then keep trying to bait people into buying in.
You will be wise to sell off everything before EOD. Come Monday, this will drop 10-14% within the first 15 minutes.
Enjoy the profits now, but just warning you what's to come. I've seen this every week for 2-3 months.
It will be at 0.013 by next Friday.
I got in this stock much longer than most people here. I was there before the spike. I was there when it went to 0.06. I was there when it crashed to 0.03. And I got out after it crashed again to 0.02.
GAXY never put out a press release about the first raid from 0.06 to 0.03. They never put out a press release after the last raid a couple weeks ago.
So now they put out a press release? That is really suspicious.
I'm in the minority, but it does seem strange that most days there was bogus good bloated news there were huge drops that could not be explained. I do feel their "timing" isn't coincidental to the drops and still feel they put out those bloated news releases to get more investors in knowing it will drop after the release. Does anyone else find it very odd that an education tech company follow penny traders on Twitter? You'd think they'd follow more companies or organizations in education or ed-tech, much like how Boxlight does. You don't see Boxlight, HMHC, or K-12 following penny stock traders. But then again, those companies never needed penny traders to mislead Twitter penny investors into buying into their stock(gee, I wonder why).
My feeling is they saw even the longs jump ship and are in desperation mode.
It's not the first time they've lied to investors. According to a proposal pitch deck to investors in 2018, they led them to believe they were going to make $20-22 million in 2019 while expanding across the country. You can take a look at the pitch deck for yourself.
https://www.slideshare.net/RedChip/flcr-investor-deck-august-2018final
News release = More sell-off and another down day?
"I'm loading up!!! This is going to SKYROCKET!!!"
(giggles)
They are afraid of people selling off their stock, so they'll say anything.
They also lied to investors telling them $GAXY was going to make $20-22 million and expand in most states of the US in 2019:
https://www.slideshare.net/RedChip/flcr-investor-deck-august-2018final
I predicted it would struggle to maintain at 0.015 and go under a penny on 10/1.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158641363
Just trying to help you guys. I would not buy back in unless it gets under a penny. You load up now listening to these shorts and you're going to keep getting burned.
"Even better dip today...I'M LOADING UP, AGAIN!!!"
(says the con trying you to buy in so he can short you again...)
You guys still "loading up"?
I hope not. This is going to go down to a penny. If you're going to load up, load up when it's undervalued.
It's your fault if you got in listening to these shorts that are just trying to pump & dump the stock.
They're going to say it again today: "I'M LOADING UP!!! IT'S GOING TO SKYROCKET!!!"
Use your head people.
Bearish trend: will hit next support at 0.0109.
A pro will wait for validation on continuation or reversal. Anyone saying they're buying in is either an amateur or trying to bait you into buying more so they can short it again.
It you're still in, you better pray to god this does not fall below 0.0109. After that, there's no telling how far this will crash. Could go down to 0.008.
I said this a week ago, that it would struggle at 0.015 and that it would go under a penny. Check the board. I said all this last week.
I don't take comfort or pride in being the bearer of bad news, but someone's gotta spread some sense in dumb investors getting into OTC penny stocks they got no idea what they were dealing with.
This is going under a penny. Even at 0.009, that is a +300% increase in value from 2 months ago.
I'll gladly take +200% of any stock over 2 months.
Just accept the fact that it was pumped & dumped with bogus stupid news releases and crashed to a value that is still considered grossly overvalued.
No way anyone should be buying back in unless it's under a penny.
Fact: $GAXY has gone from 0.005 to 0.061 in 20 days. That is +1220% in less than 3 weeks.
Just stating facts.
Maybe you guys are overvaluing a stock based on bogus bloated press releases.
Fact: $GAXY went from 0.005(Aug 7) to 0.0266(Aug 10) = +532%
Anyone interested in the news release for August 10?
"Galaxy Next Generation, Inc . (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to announce that it is receiving new orders and additional potential interest for a range of its products, from interactive panels to Cov-Shield, a clear plexi-glass barrier for personalized workspace for the U.S. education and business markets.
"
Yep, you heard that right! Great news! They have interest!!!(sarcasm).
Fact: $GAXY crashed on August 11.
Just stating the facts. Maybe there is a correlation between a ghost investor in Singapore who paid $6,800 for 68 million shares 3 weeks prior who also had success with his other penny stock on the same day with a company who just jumped 500% in 2 days and crashed after the release of "good news"?
You guys been complaining all this time about how the good news is effecting the stock.
Maybe think about it from another perspective: maybe there is a direct reason why after a news release there is a crash.
I'm red exactly 52.3% here/about $12K - anyone have any GOOD reasons why I should double/average down here? Maybe at another level?
Peace and happy trading to all
I got in when it was 0.003. I saw it go up to 0.008, then to 0.06. When it crashed from 0.06, I should've known it was pumped and dumped at that point.
After it fell 0.06 to 0.03, it struggled to stay above 0.03. The last crash last week was the death blow. No way it stays above 0.015 and by the looks of history, it will fall under a penny.
Remember guys, this went up 2000% within a month. 2000%. This is all correction and IMO, this stock should be accurately valued under a penny for sure.
The pump & dump got people believing it it got to 0.06 then it could go way up. Problem is, 0.06 was always going to be an inaccurate evaluation from a stock that was just at 0.003 not long before.
That was dumb. Should've waited until it got under a penny.
How about you wait until the 10 Q before making those comments? If you don't think management is working on taking out the debt prior to any potential conversions, you'd be VERY wrong.
CC
Apparently GAXY told investors in 2018 that they would generate $20-22 million in revenue. The funnies slide: the expansion slide where it shows all the reseller locations across the US. That was hilarious!
https://www.slideshare.net/RedChip/flcr-investor-deck-august-2018final
They were lying to investors in 2018. It's 2020. They've made shady deals selling stock at 3% market price to ghost investors in Singapore, keep pumping bloated news about fulfilling old orders that weren't filled, everything about this stock should raise red flags.
Who is FULLCIRCLE REGISTRY INC($FLCR)?
The merged with $GAXY in 2018. The complete relationship between the two companies is pretty murky.
https://www.otcdynamics.com/flcr-galaxy-next-generation-completes-merger-with-sec-reporting-company/
But I found this pitch deck for $GAXY and it is interesting that they led investors into believing $GAXY was going to make $20-$22 million revenue by June 2019.
Obviously that was missed lol.
https://www.slideshare.net/RedChip/flcr-investor-deck-august-2018final
This is like an onion. The more layers you peel, the stronger it stinks. Seems like $GAXY has a habit of lying to investors.
I think you may be misreading this document. It says that the par value of the stock is $.0001 which indeed would be $6800.
The Par value is just something all companies do.
This guy wasn't the founder. Also doesn't explain how this guy was able to purchase 68 million shares for under $7,000 when they sold 2 million shares for 1.75 million 9 months prior to a "Kevin Watson".
Companies can set whatever price they want to sell. Problem is there is no real explanation why they sold him so much so cheap when past sells were much more expensive for much less amount.
I get it, it's hard to see facts when you're emotionally invested. You're clinging on hope so that it validates everything is ok. Sometimes all it takes is that 1% of hope to keep hanging on when 99% is telling you to go. That's when people fall in deeper trouble.
GAXY NEEDS TO TELL US WTF. IS GOING ON? JMO.
Does a sale of 68 million shares to a ghost investor for $6,800 not raise any red flag lol?
I think you can figure out what's going on. Just make sure you get your money out before you lose it all.
Suspicious Fraud: Galaxy Next Generation($GAXY)
According to SEC filings, Galaxy Next Generation sold a "Mr. Sivakumar Arikeri Pathikonda" 68,800,700 shares for $6,800.70.
https://sec.report/Document/0001062993-20-003483/
That is rather cheap considering Galaxy Next Generation sold a "Kevin Watson" 2,687,637 shares for $1,766,029.00 nine months prior.
https://sec.report/Document/0001091818-19-000263/
Mr. Arikeri Pathikonda Sivakumar is a major shareholder for Galaxy Next Generation($GAXY) and Indoor Harvest Corp ($INQD). According to his Form SC 13G, he purchased 68,800,700 shares of $GAXY at $0.0001 per share($6,880.07) on July 27, 2020. He also purchased 112,083,479 shares of $INQD at $0.001 per share ($112,083.48) on July 22, 2020.
Both of the stock he had purchased major shares had an unexplainable and abnormal spike in sales, driving the value of the stock dramatically. Unusually, both stocks fell and continued to fall on the same day, 8/11.
$GAXY
https://www.otcdynamics.com/galaxy-next-generation-inc-gaxy-end-of-day-report-for-august-25-2020/
8/7
Opens: 0.0040 / Closes: 0.0088 / Change: 120% / High: 0.01 / Low: 0.0039 / Share Volume: 855,227,700
8/10
Opens: 0.0088 / Closes: 0.025 / Change: 178% / High: 0.027 / Low: 0.0089 / Share Volume: 1,621,449,000
8/11
Opens: 0.025 / Closes: 0.014 / Change: -43% / High: 0.031 / Low: 0.013 / Share Volume: 892,625,100
$INQD
https://www.otcdynamics.com/indoor-harvest-corp-inqd-end-of-day-report-for-august-10-2020/
8/7
Opens: 0.0028 / Closes: 0.0038 / Change: 36% / High: 0.0038 / Low: 0.0027 / Share Volume: 69,429,800
8/10
Opens: 0.0038 / Closes: 0.0055 / Change: 45% / High: 0.0060 / Low: 0.0039 / Share Volume: 139,001,700
8/11
Opens: 0.0055 / Closes: 0.0048 / Change: -13% / High: 0.0061 / Low: 0.0045 / Share Volume: 83,622,100
Both stocks unusually jumped 120%($GAXY) and 36%(INQD) on August 7, 2020 and again jumped 178%($GAXY) and 45%($INQD) on August 10, 2020, the day before both stocks crashed.
Two OTC penny stocks don't jump that high on the very same day out of nowhere with no signals. Unless your name is Sivakumar Arikeri Pathikonda.
As I predicted 0.015 probably the lowest this will go. Then it will stay around (5~10% variance) until November. Load it up when it hits 0.015. I am very disappointed by the company. Not recommended for a long term investment. However, it is pretty obvious that the next report will be alright. This will go up to $0.05~0.06 at the end of this year. 300~400% return is alright. IMO.
It dropped from 0.06 to 0.03 and struggled to stay above 0.03.
How do you expect this to get up to 0.05 if it couldn't even get to 0.03?
Some pump/dump shorts just don't give up lol.
Looks like the guys from Singapore are dumping their shares. They really screwed it up for $GAXY and treating this stock as a pump and dump.
I warned everyone here about "Sivakumar Arikeri Pathikonda".
He bought 68,000,000 shares for $6,800.00. Yes, 68 million shares for 7 grand.
I have to believe since GAXY sold him that many shares at that price, it must have been known inside the company what he was doing.
I got out a week ago. Thank god I did.
I also warned you guys that it would fall to the $0.015 range and struggle there. This is only the beginning. It's going to be under a penny.
"Hope shorts are gone now, lots of covering today."
So you can be the only short left? Move on to another penny stock to raid, bro.
"VWAP at .01803 let's break over it!"[color=red][/color]
Now we know for sure you're just a day trading short. Move onto another penny stock to raid.
"They diluted to close new acquisition. Price will recover!"
[color=red][/color]
The wave of shorts already left Monday. You're late to the party. People already lost enough, have sold off and moved on. Shorts aren't there to buy back their sells.
Are you really going to waste your time pump/dumping to short a stock for a 2% gain of a penny stock? LOL.
HMHC way up. BOXL is down today, but went up yesterday. One can assume people jumped the GAXY ship and went into HMHC. These things happen w/ competitors. Happened to Upwork. When Upwork's ER came out, it was ok, not bad. But Fiverr's was better and Upwork dropped like 10% and Upwork went up 20%.
Do not listen to anyone saying they bought back in.
It went from 0.003 to 0.06 on fake news of being part of Boxlight's Mimio package. It was a lie that kept getting retweeted on Boxlight's original tweets. Those rumors were proven false by the CEO of Boxlight, so those tweets stopped.
Think about it: 0.003 to 0.06 on fake news. Problem is you don't know the real value and impact of what is the truth. Even with the greatest news, legit stocks don't go up 2000% within a month.
Let's say with great news it went up to 500% within a month. How many stocks do you have that go up 500% in a month? That would leave us to where we're at, 0.017.
Let's say the stock went up 5% every single day for a month. It would still leave us at 0.009...under a penny.
This stock may have been undervalued before the spike to 0.06, but that is irrelevant because what people look at are the fundamentals and tech analysis. What I think is undervalued may be overvalued to someone else.
If you plan on shorting, great. But if you're planning on this "skyrocketing" to even 0.03, that boat left Monday. And it's not coming back. Best case scenario, you buy under a penny and it maintains stability around 0.0135-0.015.
I was in before August and I've seen way too many flags to see not only was this pump/dumped, but also some organizational flags as well.
stock was .03 only 3 days ago. Can buy it today for 50% lower and nothing has changed.
Looking for reversal today
CC
It also fell from 0.06 to 0.03 and struggled to stay at 0.03. And now it's at 0.17.
So you're telling me there's a chance? LOL!
C'mon, you're smarter than that. It's going to go under 0.015 and struggle to maintain support there, eventually going under a penny.
Even at a penny, this stock would still be overvalued.
It got to 0.06 with fake news of being a Boxlight Mimio supplier, which Boxlight's CEO dispelled. Now they're struggling to find any kind of news to twist into hope.
If news is being twisted into hope, you're being had.
Also: GAXY stopped sending out daily stock quotes. Gee, I wonder why lol.
Very true. I've had 3+ months trading $GAXY and finally got out. I still made $20K, but I also bought in at $0.003. Education stocks just taking a wild hit right now. There was a lot of fake news and false pretenses on Twitter, a ton. The biggest one was "GAXY supplies Boxlight's Mimio" when it was announced Samsung did a partnership with Boxlight. So you saw shorts retweeting Boxlight and purposely putting the $GAXY hash symbol and saying stuff like "this will skyrocket". Michael Pope(CEO/Boxlight) was asked by an investor what GAXY's business partnership was in relation to Mimio. The CEO said GAXY "was a reseller for Boxlight and did supply some audio solutions, but currently there is no business relationship with GAXY." After that, I started calling out every penny short as liars every time I saw them try to mislead people. Low and behold, those rumors stopped on Twitter. This is the mark of a pump/dump. Misleading people just enough to where it isn't legally prosecutable.
What concerns me also is that $GAXY's Twitter account follows these people putting out false pretenses and misleading tweets. Either they're not legit Twitter accounts for the company(which I think it is their legit account), or they are working with people on social media to get investors to invest at any cost, even if it means purposely misleading investors into their stock.
There is a lot of shady stuff going on with GAXY. They used to give daily stock quotes via email...that's not happening any more. Their majority shareholder is a ghost who owns another stock that spiked the exact same day(Aug 7 & 10). And what company sells 68 million shares for $6,8000 to someone outside the company w/o any business contract or agreement...just a normal securities sale at a price 3% of the market price?
I know this stock better than most. I did research on not just the CEO & COO, but did research on his previous company, deep dived into their previous company's facebook, LinkedIn, searched their names on securities, looked at everything filed with the SEC.
Regardless of how squeaky clean the CEO/COO and the company looks, you cannot ignore the fact that the majority shareholder of this company is a ghost whose not an employee, who paid 68 million shares for $6,800 in July. There is nothing that justifies the sale as being legit.
Use Boxlight and HMHC as your benchmark. They are somewhat competitors. Boxlight used GAXY as a reseller and for audio-only solutions. Boxlight, with all the good news, great expansion, amazing team they built with players from Apple and various companies, still continued a streak of loss. HMHC suffered a huge string of losses as well until today when stocks went up at the expense of people's jobs and livelihood.
So, if Boxlight, with all the good press, acquisitions, and management team they built from heavy industry players could not stop the stock from declining, then GAXY has little to no hope. Even with good news, it still doesn't come close to Boxlight's improvements, so you can forget about GAXY "skyrocketing".
It dropped from 0.06 to below 0.03. It struggled to maintain at 0.03. It dropped from 0.03 to 0.02 Monday. This will not maintain 0.02 and will fall down to 0.015. Shorts already done pumping/dumping, so GAXY has no investors now.
Not that I'm closing the door, but unless this pops up to 0.04, I wouldn't touch this again. And certainly wouldn't listen to anyone loading up. They're either new to the stock, or they're lying to get buyers to bring the price back up to short it again or they're already in the red.
I've had this stock since $0.003 and I got out yesterday. I am still mad I didn't get out at 0.06, so I wouldn't let that happen again.
It went up 2000% on no news of substance. Twitter pump/dumpers kept trying to trail Galaxy's hash onto Boxlight tweets even though Boxlight currently has zero business with Galaxy, so there was a lot of fake news or false implications that Galaxy were somehow involved in Boxlight's "Mimio" package. Michael Pope dispelled these rumors on a conference call to investors who participated in a Q&A. Anyone telling you otherwise is lying and trying to keep investors getting in an overvalued stock.
Mr. Arikeri Pathikonda Sivakumar. This name is very important because he's the majority shareholder of Galaxy Next Generation. There is no info, background on this ghost investor in Asia. But it does raise a red flag when he buys 68 million shares for $6,880. That should be a very real flag considering it was less than a year ago someone within the company bought 2 million shares with $1 million cash. Why did he get it so cheap? Who is this guy anyway?
Biggest red flag was when $INQD spiked 80% and $GAXY spiked 300% between August 7-10 from being flat-lined for months. You don't take a flat-lined penny stock for months and spike that high out of nowhere.
Why is $INQD important? Because Mr. Arikeri Pathikonda Sivakumar is also a majority shareholder of this company as well. Maybe a coincidence? Not when he purchased both stocks in mid-late July, less than a month both spiked on the same day out of nowhere.
Looking into $GAXY's twitter feed, they follow a couple of known penny shark investors. Why would an education company follow penny investors? And why are half their followers penny investors?
There is something very fishy about a ghost majority shareholder who profited 2 of his 3 stocks on the same exact day. Something fishy when people you follow on twitter are purposely misleading people to believe fake news about $GAXY & $BOXL working together.
When a company only puts out good press, then they're not being honest. $GAXY used to put out daily stock quotes. They stopped that a long time ago after the 0.06 crash. I can't remember the last time I received a daily stock quote from $GAXY.
I got out because this stock went up way too fast and most of the shorts that used it for day trading have moved onto another stock. So there's no interest in shorting this stock and just about every Twitter investor who got in $GAXY got screwed bad.
If you're long, you're going to be a little quiet because you don't know what's going to happen . But if you're still trying to milk that cow dry as a short, you're going to keep saying "I bought back in" or "this will skyrocket". Shorts need you to invest so they can short again. But that well is about to run dry this week too.
When it crashed from $0.06, it struggle to maintain at $0.03. It crashed again, so I don't think it will maintain even $0.015 very much. It will get below 0.01 and it will be a very long time before it gains momentum.
Sivakumar Arikeri Pathikonda, majority shareholder, also owns major shares in Indoor Harvest Corp(INQD) that he bought back in July. Both GAXY & INQD both spiked huge gains out of nowhere on the same day(8/7-8/10).
Do you think these activities are related?