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With everything really starting to fire on all cylinders with the company, yesterday's great interview with lots of meaty nuggets, confirmation that Nasdaq uplist issues were satisfied and yet, the small wall of 5,000 shares @ $6.50 is holding back the price. We've had a couple of 20K block ask slaps in the past few weeks, pushing us to almost over $7.00 in one big buy. We could use a buyer like that today, but thus time, use half to take out the block on the ask, and put the other half on the bid, at least for a while, to see if it entices more buying. If it doesn't, you may get more at a discount. We need to get more in sync here with the trading and trade smarter to allow us to maintain gains and end the months long attack on our share price. We've grown the company by 200% in terms of revenues, while continuing to remain profitable for 13 consecutive quarters, yet, our share price has been slaughtered while all this growth has been ongoing. Every great announcement has been met with selling and lower pricing. Those days are done and once we get the imminent uplist announcement at any moment now, then Nasdaq traders will give GMGI the love and share price increases it deserves as great news continues to flow.
PokerStar
We are more than overdue to bust a move north......a break of .0435 should signal some serious buying and a reversal just warming up.
PokerStar
I'm looking forward to that day! We just took out this wall @ .037 and with .0395s on the ask, these stupid douchebags throw more up on the ask @ .037. Why sell @ .037 when you could easily get .038s or .039s? This is obvious manipulation or one brain dead trader!
PokerStar
PUMA has been a thorn in our side all week. Without official news from the company, these crooks will do what they do. They try to keep a wide spread and that large spread allows then to manipulate the price on low volume. Because of their games, some lost patience and sold a few and others are losing patience. I said it before in reference to the block sellers holding this back but it also pertains to crooked MMs like PUMA, manipulating the price.......if they want out, remove your bids and let them come down lower. Two can play their games. They try to entice selling by putting up blocks on the ask, and we can reply with showing no interest in ask slapping and weak bids with even larger spreads. They want to sell their block at .35, make the best bid .22. Eventually these fools will sell and longs get some cheaper shares before we get official news. The other option is to slam the ask hard with lots of volume, but without the company's help, I'm not sure how to get the spike of volume needed. I prefer to slap the ask hard, but I'm only 1 shareholder. I need lots of help!
PokerStar
Well summarized Britt. I'm with you....best interview Brian has ever done. So much continuing growth all around. The future is certainly bright for GMGI shareholders. The coming weeks and months should see us regain the $10 mark and beyond. I look forward to being on Nasdaq and having great news reflected in the share price. Something that seems impossible while on the OTCBX or at least has been the norm here for the last 6 months.
PokerStar
All this churning in the low to mid .30s is very healthy. Building a strong, higher base. This churning is just putting more and more energy in our next move higher.
PokerStar
They do it regularly on light volume days, everywhere. They want to entice trading one way or the other. They get commissions on all trades. Eventually we get the official news and large volume will end their price manipulation.
PokerStar
Agreed.....PUMA continues to be short selling, just ahead of the remainder of the block @ .35 and is again absorbing anything sold into the bid @ .33 cents. Puma has been undercutting the ask and absorbing shares from the few sellers, as they've been atop the bid for days. Don't fall for their games. All we're waiting for is volume and they disappear in a hurry. They can't hold the price and volume back forever. An after hour announcement to the market about the R/S cancelation would solve this problem. Don't wait too long folks.....1 big ask slap coukd take out what's left @ .35 and send us above .50 cents in a hurry. IMO.
PokerStar
Agreed....... .035 appears to be solid support and getting ready for a pop to higher ground. We just need volume now. Sellers down here have dried up. Buying on the ask could take this easily back to mid .04s to a nickel. We are oversold and ready for a big bounce. Once we see the volume return, more and more buyers will take notice and re-enter if they've left, as many were waiting for the reversal to begin. A little buying surge pushes us to .04 cents and once we get some bid building in that area, we fly. It looks like the .042 area will be the strongest resistance area moving forward.
PokerStar
The sky is the limit here. We should easily be trading over $1 by now. 2 big blocks on the ask and some games all day today by PUMA slowed our upwards momo. Tomorrow we clear the last of the block @ .35 and fly higher from there. Any company update......and we push past $1 hard and fast.
PokerStar
Exactly.....but smart money has been loading ahead of the official news dropping. It's funny how wide the spread has been. Trying to entice selling, but it's not working. They dropped the ask with a 70K block @ .34, then we see all these bids show up in the .33 area. The games continue, but I wish some traders could read level 2 better. If these fools are willing to drop their ask to sell, get out of the way on the bid and see how low they will go. Why pay them .34 cents? If they want out, force them to sell for cheaper, then as soon as the sell order is filled, we push the price right back to .34 cents. If it's a flipper, it will force them to buy back higher.
PokerStar
I'm hoping the company takes my advice and puts out the official PR after hours or pre market. I want sellers down here to really feel sick when they see us above $1 and higher. Again.....zero reason for anyone to be selling for peanuts now. Once that block @.35 is taken out....we set sail. Just waiting for volume to increase......then the fun starts.
PokerStar
We sure could use an update or some news from the company. That should end this price manipulation. We are oversold and well overdue for the reversal here to get some legs. A little buying surge will get us back over .04, and a close above that will also help. Our time is near......
PokerStar
All one has to do is watch level 2. It happens often and done by many market makers. The fines are a joke and will never stop their manipulation games. All we need here is more volume, then things will really start to heat up!
PokerStar
Because he's showing 2500 on level 2, and more like 20K slapped him on the ask, and he didn't move. He's selling right in front of the 130K block @ .35 cents.
PokerStar
My same thoughts.....a lot of potential profit will be left on the table. I assumed it was a flipper from sub .10, happy with a quick double, or it's fake, trying to hold back the price here, to load more. To each their own. All I know is after the company drops the R/S cancelation news to the market, the assault on the ask will be violent. Forget about trying to block the ask when whales are in the water. Our time is here folks.....don't wait too long to pounce before that block disappears and we're quickly above .40 cents.
PokerStar
Absolutely......then watch the 50K and 100K bids start to come in. That will certainly set us on fire for sure. News at any time is also possible. Not a good time to be sitting on the sidelines, IMO. Fast, easy money to be made from these levels.
PokerStar
Just getting started here brother.....the big move morth is fast approaching. PUMA is parked right in front of CSTI on the ask, hiding his true amount to sell, blocking our upward momo. Just about time for us to take them both out and move to above .50 cents for starters.
PokerStar
The push back to over $7.00 should come this week. I'm expecting Nasdaq uplist news is right around the corner. We saw in the last few weeks, a few large buys on the ask result in a pop in price. Increased volume here will help increase the price and likelyhood to maintain those gains and move higher. Time is running out for the cheap shares. Many filings dropped last week including a few after hour filings. Big price correction is incoming. This is probably the last week before things really start to heat up here.
PokerStar
Just picking up a measly 10k shares from these levels will be well worth it. When this gets to multiple dollars, I'm sure they will be very, very happy they invested here. It'll be amazing what a few thousand dollars could turn into here. If we are comparable to $NOW, in the same sector and have 10 times fewer shares than them, and they trade for over $300 per share.....just where will our price settle in once we're trading on Nasdaq???? What would 10K shares look like then???? Oh baby....one can imagine can't we? Lol.
PokerStar
Any extra eyes on this will help for sure. With all the short term market decline, this is one great opportunity for a multi bagger from these levels. Like I mentioned earlier, as volume comes in here, a good majority will be on the ask, and that will translate into huge gains. I am just so excited to hear more about the company's accomplishments in the last 9 months. So much upside compared to risk from these levels.
PokerStar
Just wait traders until we have a trading day with a few million shares trading hands. Our biggest volume day in the last 8 months has been about 370K shares, and we rose almost 50% in price. We have all seen in the last 2 weeks just how little selling there is and how small the volume has been. Now ask yourselves, what happens when this ticker with less than 18 million tradeable shares, sees the volume return and we trade a couple of million shares.......I know the answer and have my tickets and my popcorn ready for this great movie to start. Go TDS/CLHI!
PokerStar
Thanks brother. I don't doubt your assessment about price movement. Without wanting to sound like a pumper, there is just so much upside from these prices. This ticker price grew organically and because of the merger with TDS. The only reason the price dropped was due to the news that a 15-1 R/S was wanted by the merger candidate as part of the deal. That news started the downward spiral in price. Couple that with the Covid outbreak and the delays by the DE, and the selling and shorting.....well, I'd say the R/S was more than priced in the stock price. Fast forward to today......R/S cancelation in the works, many updates coming from a company that was in quiet period and unable to be transparent with the market. The already very tiny share structure to remain the same and zero reason this doesn't go back to at least $2.00 once the R/S cancelation is officially announced to the market. Tomorrow, that large block seller either dumps or gets taken out, and we set sail to at least .50 cents. If we get the news premarket....tomorrow could be really explosive and a clise above $1 would not be out of the question. I'm adding any dips and just may start to chomp away at that 135k block that has been slowing down our upward momo. I personally have reached out to many of my trading buddies on Saturday to let them in on this huge opportunity that is widely UNKNOWN to the broad market. Many have already responded with thanks and are expected to be buying tomorrow. I hope they get their shares before the announcement drops, otherwise, they'll need to chase it as the price will start blowing up big time. Is it Tuesday yet?????
PokerStar
Unless the few flippers that had a couple of block sells on the ask last week get aggressive and sell into the bid, I doubt we see anything sold below .30 cents. If they do get aggressive, the minor dip that would cause, traders would gobble up those cheapies and drive the price back up within minutes and send us higher. Either way, we're moving higher and higher and as soon as we get the huge volume start pouring in, forget about getting any on the bid. This tightly held low floater is about to really explode higher. If a ticker like $NOW, in our sector, trades above $300 and has over 10 times the outstanding shares we have here, how can we not trade at least above $1.00???? The market will see the immense upside this ticker has and as soon as the R/S official cancelation is announced, those traders will be tripping over each other, trying to buy a position, and driving the price higher and higher. Don't be left behind, bid sitting, trying to save a a couple of cents per share. When this doubles in one day, then doubles again and again, the extra penny or two it cost you to buy a position, or add to your position, will be immaterial. This will make a move above $1 very soon and with more company updates, we will be back over $2.00 and ready for more moves higher. Tuesday will be the start of a great week here, IMO!
PokerStar
Totally agree brother. Unfortunately, flippers and shorters are all part of the game. There is a major price correction coming, starting with the R/S cancelation official announcement. Like you said, flippers will be kicking themselves later and this was exactly my point to that poster. Those happy with a short term double could be happier with a 10-20 bagger or more from here. Any other revenue related PR sends this to unbelievable new highs, IMO. Peeps have to have a little more patience as huge volume to the upside is coming. We're on the cusp of greatness here.
PokerStar
I get it....I just think anyone selling now will be leaving a pile of profit on the table. My point was, if this tightly held, low floater, was trading as high as $2 on the news about incoming merger, it realistically should return to at least that valuation now that the R/S cancelation is coming. It won't go back to the $2 range overnight, but if they follow up the R/S cancelation with a meaty PR about huge revenues, well, it certainly could get back to $2 in a hurry. I understand we sit at a quick double for some who bought sub .10s, but I just think once the market gets the upcoming news, we could see this pop to over $1 on that news alone. That's the only point I was trying to make. Nothing wrong with taking profits....it's all about timing.
PokerStar
Thanks for that update buddy. Wouldn't an after hours PR be the cats ass to allow the market to realize and absorb what is about to happen here. I still don't get the fools putting up big blocks on the ask other than to try to hold back the price. I just may take out the block @ .35 to get us rolling. Anyone who thinks that the company would not follow through after touting this move for 2 weeks on Twitter is downright crazy. If I ir anyone decides to slap that block out if the way, we'd close well over .50 cents in my opinion, on growing volume. Don't be left chasing higher. Those .35s are going to look oh so cheap after the official announcement to the market. Present shareholders have an advantage at the moment. Once the market is notified, the volume alone from those starting to buy a position, let alone longs ask slapping and fighting other retail for the few shares under $2 that may be available. Again folks, those bid sitting.....don't wait too much longer to strike. 33s starting to go!
PokerStar
It's just a matter of time my friend. I'm so looking forward to all the exciting company developments that have transpired while the company needed to be silent. I'm curious where the price would be if I put up a 100K bid @ .295??? I bet the block @ .35 would disappear and we'd pop over .40 in a heartbeat. The quiet before the storm. IMO.
PokerStar
Exactly! Why anyone would sell down here is mind boggling. They are probably gambling that they can sell some that they bought for under .10 cents, sell in the .30s and buy back the same amount in the .20s before the PR drops. Quite the gamble if you ask me. The mere sight of the large block showing on the ask would have normally enticed selling but if you watch level 2 for the last 2 weeks, virtually no selling of any large amount into the bid has gone on. This is either someone or an MM trying to hold the price back while they continue to load. We may not get enough buyers to take out the block at .35 until the news drops, but if they decide to dump them into the bid to actually sell them, they will be absorbed and longs will buy what we need to, to get the price right back where it was. So if you actually want to sell them, dump them and don't wait until the final 5 minutes of the day to dump them. I
Again, I'm not sure why anyone would sell $2.00 or more shares for .30 cents???? You can't fix stupid! Too bad they can't buy patience!
PokerStar
Breakout here is imminent. Short covering and loading continues in the .04 area. News could drop now at any time. We are more than overdue for the reversal here to begin in earnest. I'll gladly take another 500K block for cheaper if there are still sellers out there. I couldn't care less where the price goes short term. If the price goes down, I may get some or all my order filled at .035, if not and the price takes off, I've got all I need. I wouldn't be surprised we get our update early next week. Hopefully they also take my advice and announce news after hours or pre market. Give the shorts here a little lesson on why NOT to short a great undervalued company for short term gains. Go AXXA!!!
PokerStar
Shorts appear to be taking their time starting to cover. It looks like they are hoping for some selling to continue, so they can cover on the bid, but apparently they didn't see yesterday's after hours news and company update. When the buying returns in full force, the ask has never been thinner, and we could move hard and fast. I bet if I put up a 10K share block bid, that would set off the shorts and the ask slapping would start again. Peeps aren't getting many shares from the bid. Almost ALL shares have been slapped from the ask. A little volume pouring in here would easily get us back over $7.00. Anyone out there not holding shares here, waiting on the bid, may want to rethink that plan if they actually want shares before the next buying surge happens, IMO!
PokerStar
Someone just slapped the ask for 5k shares and drove up the price to $6.50. No large blocks left on level 2. Looks like some more volume starting to flow in. Great day to add and ask slap after yesterday's wonderful news. Best of luck brother!
PokerStar
Shorts were able to drop the price from mid $7s to low $6s with a few lucky buyers getting a sprinkle of high $5s. So now that they were able to drop the price by shorting, I wonder just how much money they will clear by the time they are able to cover in the morning, as they will be fighting retail for the few shares available on the ask. Those shares will already carry a premium on the price as a gap up is going to happen. We longs have said it a long time ago when we were trading in the mid $7s......there is a lot more upside than risk from those prices. Today, those words were never more true. All the shorting it took to drop the price about $1.50 over a few months will be regained in one day and will continue to gain. With Nasdaq a given and more record positive numbers, we'll be back to all time highs and more by June 2022. Good luck all you tight fisted longs. Time to add huge and give these shorts heart attacks as they will be competing with retail for shares, and the ask will get completely destroyed for whatever shares may be available under $7. I bet these shorts won't pocket much profit when all is said and done. Well played Brian with the after hours news drop......gotta love our CEO!
PokerStar
Another stellar year end for GMGI...... higher revenues, higher profits, and all this without one iota of revenues from their recent acquisition that did over 30 million in annual revenues last year. I also love what Brian stated as well, which was also the same reason I suggested for moving our year end.......to align ourselves with our new merger for Nasdaq uplist reasons. Tomorrow will be the start of renewed strong buying. Between the rising revenues and profits along with our 13th straight quarter of profitability, buyers will be lining up and jumping over each other for shares tomorrow. Oh yeah....Brian's little mention about the Nasdaq uplist should help as well. It sure appears as though we are getting awful close to uplisting, IMO.
PokerStar
We sure are more than overdue for a good day and accually we are overdue for a few good weeks in a row. Tomorrow is the new starting point....on our trek back to $10!
PokerStar
We sure are more than overdue for a good day and accually we are overdue for a few good weeks in a row. Tomorrow is the new starting point....on our trek back to $10!
PokerStar
This was nothing more than a short term, ill advised, block ask slap. It was obvious to me that manipulators would take it right back down. 20,000 shares ask slapped up to $6.90. Had they maybe slapped the ask up to $6.50, and put the other 10k on the bid, we probably wouldn't have seen the weakness we saw today. Because it lost a good protion of those gains, today's weakness was expected. Had this also been backed by news or an update, we wouldn't be right back down in the low $6s again.
PokerStar
Thanks brother! Once we get through these few sellers at .04 cents and we get at least one million share bid at .04, we set sail back to a nickel. IMO.
PokerStar
The good times here will just keep rolling. Any and all news will help push us higher and higher. Thanks ORCA!
PokerStar
Power hour today could be epic. Thinking we see a real huge surge in volume coming as many are in the midst of reloading. Sellers will dry up and the ask will get spanked long and hard.....greener pastures are now within sight.
PokerStar