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Yeah Bruv...
For sure let me know if there's an opening in your Pump Pit Crew.
What's the rate 10c per post?
good Insight jericho..
These uplist plays tend to get a run up & then the duration of wait sometimes just make them sink lower.
Unless a company has everything in order it seems these uplists can be in "work" mode for years & then all holders are pitching that "soon" uplist. Hopefully it comes. But this daily bleed weekly is going to bring it below 5 soon.
That wide b/a is no fun either, frustration central when you're trying to move in/out.
Market is in a MESS LOL
Everything is wonky. And they're shutting down people from buying long positions on their short side positions..
Crazy Mess..
AWGI is swinging wildly. as well.
Are Trades Going off Above B/A
There are some bizarre moves in so many tickers today.
Seeing 004x/005x spreads but trades going off at .006
Another Daily Raid...
This is getting terrible to deal with daily.
Lower Resistance is broken & looking for a bottom,
Yeah Hock..
It's definitely interesting watching these runs on the major short sold issues. Some of those long held secrets of the banks/hedgies getting exposed & it's quite interesting to watch the gathering of cronies come to their protection & aid & rally for regulation.
Makes you think of that legendary poster here K1_& his millions of shares, that long held that there was a huge short position on SLJB. And that more shares were sold short than existed or were available to cover. I have personally never seen an OTC MOASS. It's something that you need mass market access to & simply most are not readily trading OTCs. But on the big boards, it's quite rampant. No position but hope all the runs[GME/AMC/KOSS/BB/NOK] continue. Great entertainment value & learning there.
Seems SLJB and that OTC Caveat Emptor removal has been lingering for a while. See the volume starting to build. Think that's the final layer to get this over a penny. There are some other great custodianship plays out there as well.
Hard to Find Protection Here..
Once they applied to NASD this has gone into limbo, obviously they & NASD compliance are looking to have the listing done. But, with NASD perhaps vetting companies a bit harsher & them having to supply whatever is required it all takes time.
And in that time, it's just ripe for those drops. The worry is one time it doesn't bounce back up & then price is under the NASD minimum requirement price. It's a dangerous slope, especially considering many are at 100s/1000s% points up on positions. It's a easy sell to get out & take profits & perhaps many have done that.
NASD doesn't make companies better, look at TOMZ, it uplisted rather quickly & it's just been a horrible stock. GMGI really can't affect too much here. NASD has them in the perpetual spinning hourglass and OTC can play all the games it wants with the price.
GMGI is among a huge swath of companies that have "applied" to NAS. For some it's been near a years time since the "applied" PR went out. ie CYDY/MLLLF. Honest truth is some never get past the application. I know you're more aware of the # that uplist, but I guess too you know of the many ones that apply & don't make it. Hoping GMGI gets there, but obviously it's no longer a hot ticket stock...7 weeks of decline is indicative of that.
Not Sure we see that Harbor..
There is zero need for any reverse splits here. 21M Shares with sustained profitability in this sector is remarkable. Other tickers with way less are trading higher in the space. The waterfall drops/bear raids are weekly now it seems though.
This has $15-$20 if it gets going...
Another Waterfall Drop...to $4.00
Falling to $5 levels on low volume.
Not Pretty...
Great Stock/Company/Sector...But..
With all the gains running around on OTCs right now, it's hard pressed to find bodies wanting to put up the funds for a low percent near term gain.
When it was climbing in April to Sept the buyins fit an OTC market issue & it paid percentage gains handsomely, but now its gotten into that zone of being a bit too high end to attract many. Volume has flushed, and with the share structure you can't project that heavy volume days [500K/1M+] will come.
It's in a 7 week downtrend, that's 30+ trading days. Significant in that it's not faced that level of decline since the June 26th R/S or even further back to March
Here's hoping it does get those legs again, if you look at ticker GMBL, they have a lower share count than GMGI [13M vs 21M] and on the NAS exchange they manage to do on average 350k daily volume.
So let's see how this downtrend plays out this week. Hoping to see a break upwards in the weekly charts.
Quite A Week Indeed..
With some brokerages stopping buy orders on CE tickers, next week could be a bit of rush to buy before the CE removal.
While not much of an uptick, the weekly volume was strong. Do think shares will be a premium to get in due time. Will be interesting to see what the max level volume that comes in the next few weeks.
Patience,,,not Urgent Action..
If you look at this accumulated management team this company has, you will see that the future is quite bright.
This will get massive exposure if/when Nasdaq uplist happens.
Patience...The rise will be rapid.
Gaining Some Price Momentum,
Canada seems to be moving this up slowly.
Not much volume, but okay price increase.
$ 10.90 | +.40 | 3.81% Volume: 3,900
US Side, not so much..
$ 8.03 |-0.22 | -2.67% Volume: 2,498
US Side should be at $8.60 at current ex-rates
3 Mo High- $11.74 CAD [Oct 23, 2020]
6 Mo High- $14.75 CAD [Aug 14, 2020]
Suspect Another Waterfall Drop Ahead..
GMGI has been challenged many times this year. The price is doing well. More volume took it up [Apr-Sep], than is bringing it down [Sep-Now]
I do think holders should expect another free fall drop, as it seems to have become common with the ticker over the last year. Bollinger bands on the weekly are tightening by the day, huge uptick may be on the horizon. GLTA
Yeah J-Angel...
A lot can occur in that long length of time. Some likely passed on with those shares still in dormancy. Others may have burned out brokerage accounts over that time & moved on.
Prior to April 2020 this ticker was deceased. And had been for 10+ years. I have shares from around the time you mentioned too..Hopefully a better story gets written this time through.
Weekly Chart looks Great
Definitely Some Interest Here..
0.0059 +0.0012 +25.5% Volume 22,440,384
Highest Volume since
Aug 21 2020 0.0033 +0.001 43.48% 23,115,267
Hoping for something good here. Quite a mystery this has all been.
Good to KNow Maple..
I suspect there are quite a bit of phantom shares on SLJB.
It's a decade+ old ticker, have to think many dormant or dead brokerage accounts may have shares just residing dormant that won't be in the tradeable float.
J-Ang
Seems it's still under CE on OTC, so a lot of brokerages are not allowing buys currently.
Hoping it makes a move as it clears out the Caveat soon
Quite a Flood of Volume Came In
Seems like this woke up this afternoon, from 12pm-2pm a rush of trades..
Good to see the volume & uptick. Wonder where this goes
Hey Belg...
At this point NEXE is in an emerging space/market and really who knows how high they may push it [$10+ is possible] It's new, and it's got the support of Canada. It's good to see the interest on both the US & Canadian side. Some are seeing the potential of the market space.
GDNP.CA/SLGBF is another in the sector. Canada has mandated the use of all single use plastics to be halted. So a lot of things are aligning for these types of companies.
Good Luck..
What One Major Deal Can Do!!
https://finance.yahoo.com/news/solar-alliance-signs-agreement-56-120000732.html
SOLR.CA/SAENF
This sector will remain hot, and both of SIRC/SAENF should have rapid market cap rises.
https://schrts.co/bMCTunhd[/url
I Think All Those Plays will be fine
Don't be shaken out on good prospects. Right now there are many bear raids on good otc stocks happening. Where they're dropping hard, in short periods of time & taking out all stop loss orders & then running the stock back up. It's a common tactic. And many lose their holdings this way.
NeXe has a good upside here.. It's approaching $4 CAD today.
IqST will be way higher than prices today..don't worry there.
Huge Upside in this Sector
https://venturebeat.com/2021/01/15/mobile-game-maker-playtika-goes-public-at-11-billion-valuation/
PlayTika's "social casino games, including Slotomania and other titles, have generated $2.3 billion in revenues in the past 12 months.
NasdaQ Listing really could escalate GMGI's price appreciation.
PlayTika on IPO was rewarded a 6x Sales price..
Hey Belg..Good Day today.
I think until more market makers are on the stock on the US side you will see far more drastic bid ask spreads on the OTC issue, versus if you were buying in Canada.
This is the 2nd time it's touched $3 in the US, simply because if someone wants in there's only so few avenues to get in at the moment & you may have to buy at the high(er) asks. It's getting some buzz in Canada & should have a nice climb.
Right space & a broad addressable market with room for growth.
Very well could see the US issue on days outpace the Canadian.
This is a Fascinating Play...
Got to think there are tons of the available shares locked away in dormant/dead portfolios from a decade ago, essentially forgotten & lost to the float.
With any traction this could make a run. Much less a truly viable merger candidate.
Let's hope for some TSNP type action.
Where's the GoodFella K1 & his millions?
Something's Happening Here...
https://www.otcmarkets.com/stock/HKBV/security
Share Structure being updated daily. Possible Custodianship play?
Reverse Merge candidate? Shell?? Or Getting Caveat Emptor removed?
Or Possibly nothing at all.
Hey Belg...
Good to see someone else on this board.
This play may have some interesting potential this year.
https://www.globenewswire.com/news-release/2020/11/16/2127251/0/en/Roth-CH-Acquisition-I-to-Combine-With-PureCycle-Technologies-Accelerating-a-Revolution-in-Plastics-Recycling-Through-Impact-Investing.html
There seems to be a warmness developing in the recycling plastics segments. NEXE can ride some waves in the sector.
https://www.nycfoodpolicy.org/food-policy-snapshot-canada-to-outlaw-single-use-plastics
Since this is pretty much a dead board. I will put some other notable tickers for you to check out if you'd like.
PKG.c / PTNYF (OTC)
SIRC
IQST
DEVM
Good To Hear Belg...
GAME is going to reward the patient few. It's an unknown play for the most part at this point. The stock hasn't been pumped, but there seems to be plenty afoot in the near future.
At a minimum, they [in their filings] are expecting an upside into the $30s on their option/private placements.
The share structure [7.6M O/S] will make this a rapid runner.
At $8.25 USD, the market cap sits at 61M USD.
300M might be the right zone...5x..we shall see.
You Hanging In Belg??
Think GAME is near a liftoff point. If you look back, they have managed to raise nearly $250M in potential capital going forward.
It's huge for them to have the 200M Shelf, the multiple Private Placement & Debt for Equity swaps.
The share structure here will foster some blue skies. At 7M O/S it a rocket ship on countdown.
I am not sure anymore that NAS will come quickly, it's been so long since they filed & they likely can really get this ticker running faster in Canada [in current state] vs an entirely new exchange.
Still think this has 5-10x potential on launch...take a look at NEXNF as well if you want another potential rocket.
All The best in the new year...
HUGE POTENTIAL
Really Favorable Share Structure $10M O/S, IPO via Reverse Merger 2 days ago..
$1.50 USD Launching Price...
Hasn't Been Pretty...
I suspect the merger you're talking about is the "disputed" AllInSports merger/acquisition which seemed to have enough problematic issues that it warranted its own press release.
Honestly, it's nearing 5 months since the NASD application PR, and while you have to think it's close [especially with the looming Dec time frame they placed on uplisting, with regards to warrant pricings] It has not been a good look here for a bit. The volume is low, the interest is low, the cash flow through the tickers are low. And really at this point with all the things going on the broad markets are buckling under pressure.
Maybe your advice to exit will be prophetic in time, this really needs something significant to happen here.
Not A Chance Belg...
Still here, there's just not been much to speak on in terms of news or the NASD listing. Figured it would have uplisted off TSX/OTC by Sept. end, but it's been quiet. The price has had a bit of appreciation, on rather low volume.
Highest close since 8/28, expecting something soon, but not sure how long it will take. Volume is so low on both the US & Canadian tickers.
Interesting Maneuver...
I'm surprised Tomz never announced they had applied. I don't think I have seen that occur on any other ticker. They got the uplist done, and really didn't inform shareholders via a PR (guess it was mentioned in a earnings call?) Guess there's two ways to look at that. But great for them. Now the question is with this paltry share structure, will the volume come??
Seems like it's a long ways from the $17 highs, hopefully a blowout earnings in November gets it up there. This kinda stock has fear & frenzy written all over it. If the Robin Hooders get hold of it with this slim float who knows what levels it could hit.
GLTA
There's Not Going to Be Much Excitement...
When a stock is trading sub 30k in volume a day it's really not going to stir things up.
also wondering a bit why the post split share structure seems to not be available on OTCm.. https://www.otcmarkets.com/stock/TOMZD/security
That 250M A/S seems updated though & that's just not a good look. The A/S needed to be reduced 1/8, else these dudes just have authority to print shares as needed up to 250M...1/8th would have been 31.25M