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So please explain to me why these supposed converted share holders waited until this was trading under .04 cents for almost 2 weeks to be selling into large bids? Would that not have been going on when this ran up to over .09 cents twice in the last 6 weeks?
PokerStar
That is the game they play. They try to make it look like the price is going nowhere to entice selling into the bid by impatient traders that were looking for a quick flip that never materializes. Eventually some longs will sell as well, lining the pockets of these crooks with cheap shares. When their pockets are full of cheap shares, they'll run this over 1 dollar before starting to dump. I've seen this played out on many stocks in the past that today are blue chip tickers.
PokerStar
There has been ample ask slapping in the last couple of weeks, but when manipulators keep pushing it back down, over and over, why would one ask slap anymore? It just happened again. We saw about 1 million just slap the ask up to .038, then they sold it right back down to .0365. Dirty pr*cks!
PokerStar
Just to prove how this ticker's price is being manipulated....
When huge bids hit, sellers usually move out of the way as the ask starts getting slapped but here, they let it pop to .038 then sell into the huge bid and take it back down. I hope these dirty pr*cks rot in hell.
PokerStar
I don't doubt that we'll see an increase in the O/S as well, but these shares you speak of, considering the huge volume between the two times we ran above .09 cents in the last 6 weeks, and any shares being sold should have been absorbed within thise last 2 runs. Not to mention, they only had approximately 65 million shares left before maxing out the authorized share count, based on the September filing. It has been since that filing that we had 2 runs to .09 cents. I'd have to say that those possible shares have been absorbed long ago. All we are seeing now is manipulation as groups and MMs have been loading in the mid .03s to low .04s before the REAL run to a dollar starts for good. Those 2 earlier runs to .09 were just considered trial runs before AXXA takes the market by storm in 2022. Watch and learn how this unfolds in the coming months and year!
PokerStar
Again.....with all this great news included in the upcoming filings, it makes no sense why we can't get our heads comfortably above .05, due to this early release of what's to come in a matter of weeks. We traded twice as high as .09 cents in the last 6 weeks and we can't even get enough volume now to push us above .04 cents for good. Like I said, this makes NO SENSE!!!
PokerStar
With all the updates coming and the filings being dropped by Feb 15th, I can't understand why we can't find the buying pressure to push us at least above .05 cents. Non stop flipping by a few in a very, very tight range. They can't hold us back forever with what is coming our way soon.
PokerStar
I've seen it here way too often for my liking.
PokerStar
Exactly! I'm curious, with all this posturing on level 2, when someone decides to slap the ask and push us above .50 cents? We're not going any lower, not without big selling volume anyways, but sellers are nowhere in sight. I think longs alone will push this well above .60 cents prior to news being official. We had an over 100K wall @ .348 for ever, until we took it out and now, we have very little on the ask, and zero big blocks. It won't take much buying to push us beyond .50 cents and the higher we can push this prior to the news dropping, the higher the run will take us. Go CLHI!
PokerStar
I hope you're right, but as suspected.....here comes the sellers!
PokerStar
Agreed, but as soon as we breach .60 cents, the sellers take over again. They just got out of the way to let the price rise, so they can sell for a higher price. Rinse and repeat! Again!
PokerStar
So we finally get through all the blocks at $6.50 yesterday and trade as high as $6.80 today, yet there are still morons selling down @ $6.06. If you wanted to sell so bad, why not sell into the bid when it was @ $6.80 this morning? I tell you.....you can't fix stupid!
PokerStar
I wonder what is going on with the pre market trading hitting the tape? Lots went @$6.99 and up to $7.12?? Are we close to Nasdaq uplist news?
PokerStar
It's quite obvious to me that a lot of the volume we saw so far today was systematic short covering. Over 50K in volume, well above average trading volume so far and we sit up .08 cents? That kind of volume here on the ask usually results in a .40-.50 cent increase. It's coming, but we need some more volume to roll in before close. GMGI strong! A little block on the bid....say 5-10K would entice a lot of ask slapping. Just sayin'!
Lol.
PokerStar
Sellers dried up big time, nothing relevant on the ask on level 2 other than a couple of thousand shares @ $6.80. A little more love on the ask heading into power hour and a challenge may be upcoming for $7.00. It won't take much volume to get us there. Just the beginning folks to the imminent Nasdaq uplist buying spree. Smart money knows Nasdaq is right around the corner now and a perfect time to start reloading or adding to the pile. I think once reversal is confirmed by a break and close above $7.00, we see the trend of slow and steady price increases until the explosion onto Nasdaq and back over $10 and well beyond before the end of 2022.
PokerStar
Such a great update the company released this morning. Looking like all divisions are starting to fire on all cylinders. Just wait until all is confirmed to the broad market with the upcoming financials confirmed. I'm surprised they are still trying to hold back the price but I guess they prolly still have a sh*t load of shorts to cover. We traded above .09 cents a month ago on hype alone and now that we get a solid update, we can't get past the first resistance point @ .0435 yet. I suspect with all this solid trading volume so far today, and the majority of it above .04 cents. I think we see real solid power hour today, setting us up for a serious run to begin. Forget about a .10 cent short term target.....after the next filings drop, thinking we settle in the .25-.35 cent area in the coming months. All in my opinion of course. First, let's get through the first nickel again.
PokerStar
Did you all notice how they stopped the price increase beyond the first resistance point of .0435. Funny how MMs use charts to help control the price channel.
PokerStar
Exactly fellas....they can't keep holding back the price of growing companies. Some tech and many, many overpriced tickers like meme stocks that became well overpriced with nothing behind them but hype. Growth stocks and those either making money or on the cusp will be targets.....such as AXXA. We on the other hand are UNDERVALUED. That is what we'll start seeing is money allocated to actual stocks with an actual business plan.
PokerStar
It's funny how it takes a big correction for some to recalibrate their holdings and put their money behind money making and growing entities like GMGI. All the work it took for the shorts and/or manipulating group to drop this to close last week below $6 to only see it return to above where it all started in a matter of a couple of trading days. I'm so glad to see smart money moving back in here. I'm also pretty confident that Nasdaq uplist is getting awful close as well. I think now that we've snapped back to above $6.50 we'll continue to see buying pressure continue to rebound us higher and higher. So many out there looking for growth stocks to make back some of their lost profits. GMGI is a great place to start
PokerStar
Well that block seller reappeared a few seconds after the open. We've traded almost 15k already and almost every share @ $6.44 and yet the amount on the ask remains untouched......can we say manipulation!
PokerStar
Concerted effort by all MMs to remove billions of dollars from retail portfolios. Shorting of all kinds should be illegal, especially when it comes to MMs. They hide behind the rules that allow them to "make a market" regardless of how criminal it is.
PokerStar
Actually, I believe we need a break of .0435 for breakout, but either way, these same crooked MMs or group manipulating the price started selling again as soon as we hit .042. Time is running out on these losers.
PokerStar
It's almost funny how MMs and shorts seem to know before news drops. They took it down to .035 after a solid day of trading, much of it over .04 cents before dropping the price end of session. Crooks!
PokerStar
So excited and so looking forward to all the great news that is about to be released on the market. So many catalysts and so few shares available.......equals massive buying pressure and little resistance to $2.00. Is it 9:30 yet???? Lol.
PokerStar
Well, we'll see soon enough if we get continuation on Wednesday or not. After seeing the strong buying all day and again before close, someone threw up a 12K share block at $6.45 with 5 minutes left in the day. Was this a ploy to ensure we didn't close higher or an actual seller? We will see for sure in a few hours.
PokerStar
What we are seeing, again all in my opinion and from experience trading for over 35 years, is manipulation. The market has been warned of massive correction and along with even blue chip tickers, we have all taken some lumps recently. Couple this with the entire market turmoil, interest rate hike fears and many investors selling off and holding cash, things will remain rocky for a while. The Myle1 expansion and other acquisitions haven't been priced in yet as we await more information to be released. It's coming and in the meantime, between these dirty MMs and likely the same group of manipulators, we are stuck in this channel. We need news badly....plain and simple. Then once big volume returns, they'll let us run.
PokerStar
Unlikely in my opinion. They are only about 65 million shares from maxing out the outstanding and with the huge volume we saw earlier, with multiple 100 million share trading days and at a much higher price then, if they did dilute, my guess it would have already taken place, but again, no proof, just my thoughts. Considering they only diluted a few million in the entire last 12 months, I have a hard time believing we are seeing dilution......and that being said, I'm okay with dilution to grow the company.
PokerStar
As always lately, a 5k ask slap taking out the $6.40s, then reloaded and an undercut to $6.30. Who are these stupid traders we have on this ticker?
PokerStar
I hear you, but all this manipulation is also scaring off potential new investors here. We need to see a few nice green days to get the rest of the market excited about AXXA's future.
PokerStar
Okay, thanks for clearing that up!
PokerStar
Really??? Why would they think that news like that is not worthy of a market wide PR? Makes no sense to me. I guess they figure that the news will get around due to the expected huge price increase that is coming......but still, they PRed the proposed R/S, now that they have reconsidered that decision, I think an RS cancelation is more than worthy of a PR. I think that exposure will help drive buyers our way. I hope they think about that....
PokerStar
Yep.....until these manipulators took over again. Flipping their .033s-.035s for peanuts to hold the price down. Sad.....
PokerStar
Okay, thanks. As I expected, that was nothing but a ploy to entice selling as they collected shares on the bid. I had a good feeling if we got enough of a spike in volume, we'd scare them off. Well done whoever slapped them hard enough to scare them off.
PokerStar
I missed witnessing the destroying of the over 100K block @ .0348. Who took that out? Looks like .40s are right around the corner. Well done longs.......
PokerStar
Well, well, well......if it isn't CDEL THE PRICE MANIPULATOR atop the bid @ .0382 and the ask @ .04. Apparently, he's still trying to hold this back. We need volume......
PokerStar
Agreed buddy. With that estimate in mind, it's hard to believe some are still happy to sell for .04 cents. Next surge in volume should challenge the short term resistance @ .0435. Maybe today, maybe tomorrow ......but big reversal here is brewing.
PokerStar
Totally agree brother.....just wish they would drop some news on us. Tweets are nice to keep shareholders in the loop, but actual news delivered to the markets opens other trader's eyes to our gem. This is one of those tickers that has the opportunity to be a fifty to one hundred bagger or more from here. Smart money has been buying the bottom for days.....we are more than overdue for a major pop here. IMO.
PokerStar
Unfortunately, every time we try to move higher this dirtbag CDEL keeps dumping into our big bids. He could have sold for much higher, but the price manipulator is still playing games. A break of. 0435 will be the biggest short term resistance, IMO.
PokerStar
Even after that mini selloff the last couple of days, the 2 sellers with 3k blocks are still sitting @ $6.50. I would have thought they were part of the selling pressure on low volume that dropped the price over .50 cents. I understand the selloff is happening market wide and obviously within our sector. These big declines in some of our competitors were well deserved as a company like EBET reported millions in quarterly losses and were trading as high as $33 or so at the end of 2021. They've received an over 55% haircut in price in January and although we've gone lower in price as well, once this selling dries up, hopefully smart traders will drop some of their money from elsewhere into GMGI where profits not only have continued for 13 straight quarters but now have the capabilities since their acquisition of RKINGS to grow profits exponentially. These ridiculous spreads of .35 cents make no sense. If one is willing to slap the ask with a large spread like that when there is little volume, they should follow up their buy with some bid support close to their buy. Buy half at the ask price and half a few cents cheaper than your buy on the bid. We all want to see our investment increase in value and it's not going anywhere with the trading pattern here.
PokerStar
This morning's 1 million share block buyer @ .0399 must be tickled pink.....down $7 grand in 3 hours. When will AXXA step up and release all this news that they have been anxious to tell us all about? This us getting ridiculous.
PokerStar