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You too Capt....I was in this for a couple of years but the recent drop from $2 back down to these levels drove my crazy and sold. Not because I don't believe in the company or where it should be heading long term, but moreso because of the price manipulating by the shorts. Still watching level 2 and the chart for a reversal but I still am not seeing the market confidence in this ticker that will force the shorts to cover. Just too many vague, potential great things coming Tweets or PRs and no real meat on the bone that will reverse things yet, IMO. All we need here is for upcoming strong financials and an actual deal/new partnership or acquisition, and this thing explodes north, but until then.....I continue to wait for a confirmation of reversal.
PokerStar
Agreed, but if my money remained stagnant for many more months before the imminent happens, I feel I should put that money in a ticker that is trending up while I wait. I totally agree, the chance of this going much lower in the meantime is negligible but at the same time, if the uptrend doesn't start for some time, then it's an opportunity lost elsewhere is all. I don't buy 2000k shares at a time in this price range, I buy 25,000 at a time, and for that kind of money to sit in a ticker that is not reversing and trending up is negligent on my part. I have 100k waiting to re-buy here, but I want to see the chart reverse and the gains to hold for more than an hour....lol. Still watching, but waiting.
PokerStar
Kewl buddy....I just like to see tickers I own and believe in see sustained price increases and an upward trajectory trend. I know where we belong but if these manipulators continue this game for many more months or longer, me and my money are better served elsewhere. Even if my money was somewhat stagnant for a while, I could live with, but when PRs continue to be met with a little increase, then flippers take it lower and lower, I'd rather be watching from the sidelines until that changes. I know it will.....but when? I could get another quick 20k gain, short term on other tickers that are moving, with my money, rather than watch the eroding price here. When gains are made, held and start to continue higher, I will be all over this again. 100K ready to pounce!
PokerStar
I hope you're right. I hate not having money on this because of where I truly believe we are heading in the long term. It's the short term that is so questionable. Every piece of good news is met with a little buying and price increase only to be met in time with flippers, killing the momo and eating up all the gains made. We need some serious buying from a few large entities to rid ourselves of the huge shorting and flippers, then we can fly to new highs. Until then, they play their games and I watch for a change in the short term confidence and price appreciation to start for good! Reversal will happen and it will be strong and fierce! The question is when.....Later today? Next week? Next month? Next year? Until I see a reversal is actually real and flippers hold for more than a few cents increase before starting to dump, I will sit and wait and look at other tickers until then......But certainly, I'm watching it like a hawk.
PokerStar
I hear you.....Thanks for your reply.....Still watching closely from the sidelines.
PokerStar
Thanks Crawfors for your insight.....much appreciated. I think I will hold the line for now then and keep a close eye on level 2 for now. I believe the break of .70 will be key and that is essentially what I'm waiting to see before starting to reload. Thanks again!
PokerStar
My question was answered......Here comes the selling. A 50K block at .65 now. So sad how this ticker is manipulated, but glad I'm still just watching from the sidelines.
PokerStar
Hey Crawfors.....From your perspective, do you also believe we have seen bottom in the .55 area? Do you think this is just another head fake and flippers will start dumping again for their .10 cent increase, killing the momo again here? Great news today and a good start to the day, but now I'm starting to see pretty good sized blocks going up on the ask. Do you think we break out from this level or is this another concerted tiny run met with more selling to kill the momo again? I have been so wrong about where I thought this should have been heading when we were well above $1.00 and touching $2.00 at one point. I have been so discouraged with the price action here regardless of how much I like the company and where I think it's heading. I was just so sick of watching my investment slowly disappear, so I moved my money elsewhere on a short term buy that has already come to fruition. Now I have EXTRA cash on hand to start re-entering here, but now that I'm starting to see flippers back on the ask, I'm not sure whether the time is right to start or not. Another point of view would be appreciated. Thanks!
PokerStar
Very nice buying so far today......Still hoping we don't see any huge sellers show up again today. Trading cleaner and better than I've seen here in months. Still won't be convinced that the reversal here is for real until we break .70 and sellers stay away as this starts to run higher. I was sick and tired of the constant price manipulation. Every time we would go up 20% and you think it's time, sellers showed up with huge sell orders to block the ask and the selling would take away all the gains made. I want some real proof this is not another head fake before I throw money at this one again.....but I am certainly watching level 2 closely! Good luck to everyone, especially those that held through all this manipulation.
PokerStar
I am just waiting to see if this is actually going to start to move in the right direction before swooping in and buying back in. Too much great news here has been met with selling for months and has driven many peeps away from this ticker.......Including myself. For the first time in a long time, it seems that level 2 is trading clean and maybe the shorts have seen that their time is up and are starting to cover. I'm still not going to take a starter here until I at least see a break of .70, than I think IQST may be it's way to a nice reversal.
PokerStar
This price manipulation lessens big time when we have a nice sized bids and a much tighter spread. A huge spread, like we are seeing, kills momo. We just saw a nice ask slap to buy some at $13.29, followed with a massive 115 share bid whack, sending this back to $12.70. Come on longs.....we can do better than this. Our shares are way more valuable than peeps are selling a few for!
PokerStar
Good post Britt. I believe we see a break of $15 at some point this week. Every day that goes by is another day closer to the imminent Nasdaq uplist announcement......
PokerStar
I actually doubled my position with the under .006 manipulation. Happy to have them ALL!
PokerStar
I'm not sure if anyone else got a private message or not, but received a message from a large holder and the leader of a large group of investors that they have been supposedly loading all they can down here between .55-.65 and were looking for me to join them and help them run this back up.....LOL. I still have IQST on my watch list, but until I see them put out a P.R. or a Tweet that isn't met with huge selling and another drop lower in the price, I will stay on the sidelines, WATCHING! I know things will change in time, But right now, the way these dirty MMs are stealing shares by selling short, I'm not really sure just how low they are planning on taking this. IMO, there is also ongoing dilution helping these dirty MMs short this as well from their previous release of 13 million shares plus the un-restricting of an amount of restricted shares. Certainly a lot of downwards pressure still here, but it will eventually make a run north.......I'm just not sure when, but I am watching!
PokerStar
The ignore button works wonders to block out the usual noise on certain stocks. Funny how some of these posters think that what ever negative posts they make on IHUB, somehow it will affect the price. Only fools ever take investment advice from these message boards. This thing is a bout to reverse hard and fast, IMO.
PokerStar
Exactly. I'm sure watching level 2 so far this morning, it's obvious that this was manipulated and gapped down hard this morning so these MMs could cover all the shares they short sold at higher prices yesterday during the gap up and run we had. You may have noticed that they are using PAUL and other known diluters at the top of the ask all morning to scare peeps into selling into the bid and so far it has worked for them. Soon, they will let the market determine the valuation here, not the crooked MMs.
PokerStar
Why are you so consumed with this ticker if you've been "burned" over and over. That kind of tells me that you are the one that should learn a little something about the trading game! LOL!
PokerStar
And the chase higher begins......
PokerStar
He already was awarded custodianship in court. He has to give former owners their day in court, but this will change nothing! The decision is already in.
PokerStar
So, you are here why????? To save me from losing money here.....LOL. Okay, thanks for your concern! LOL.
PokerStar
Until RETC gets current, they cannot dilute. This is all retail trying to steal shares for as cheap as possible with the dilution lies. Sad way to get shares from weak hands. All this over 3.5 billion in trade volume so far in the last 2 days is ALL retail..... and you know it!
PokerStar
Goerge Sharp just dropped a Tweet, clarifying the courts have awarded him custodianship of RETC.....This is about to move hard north now!
PokerStar
Amateur hour is coming to a close and soon, these foolish sellers will be chasing the ask all the way back up to buy them back.....Sad really! This thing runs back higher sooner than later!
PokerStar
The bottom is in....foolish sellers "believing" the bullsh*t laid on thick all night are done selling and the reversal is just starting. Huge spike in price incoming. IMO.
PokerStar
The break of .006 sends this to .0075 in a hurry, IMO.
PokerStar
Grab all you can of the bargains down here.....The huge buying here for the last couple of weeks is telling on where they will take this once the weak hands are done selling. This has huge buying starting at the .005 area and huge money bought well above .01. They won't leave down here in the dump for much longer. A big bounce coming our way when they let it run higher.....maybe not today, but IT IS COMING!
PokerStar
Yeah, apparently there was enough of a FUD campaign, going on all night, to convince many to sell for a huge loss here.....what a bunch of fools!
PokerStar
We should be able to bust through the .04s real easy as there were lots of sellers in that area yesterday and should be much thinner. Blow past .04s and right to a nickel in a hurry, IMO.
PokerStar
Just another one that thinks they are late to the party, wanting cheaper shares. The fact is, anything under a dime will be a gift and with the gap and runner we are expecting tomorrow, I would be very surprised if many get any fills under a nickel. Going to be another super green day ahead folks.....very likely see a close above. 08 cents on Wednesday. Happy trading everyone.
PokerStar
Extremely worth the listen for anyone still on the fence here, waiting or contemplating jumping on board. I loved the explanation and the ease for us to see exponential growth with GMGI's business model. So much more great news upcoming, from the imminent upsting to Nasdaq to acquisitions to drive exponential growth. After listening closely to the entire interview with Brian, it's hard to believe anyone could have anything negative to say about the company and the growth path that Brian has us on. Added more low $12 yesterday, and hoping we see one more dip to low $12s again before we take off higher. I'd like to make one more substantial add here as I see us moving into the $20s on the next leg up, IMO.
PokerStar
The more exposure to the news the better. Once peeps get caught up on the market news later tonight, they will be lined up to buy on the ask first thing tomorrow morning. News of the next HMBL type run to multi dollars with a chance to buy under a dime will draw an awful lot of interest from traders on the outside wanting a piece of the upcoming action. IMO.
PokerStar
We should see the first nickel today before close. Once news spreads tonight about the take over by Sharp, tomorrow will be an ask slapping fest and will be pushed much, much higher in time. IMHO!
PokerStar
If you can't see and understand why we've been in a consolidation mode these last few days, you really should educate yourself. Generally, stocks don't just keep going up. There comes a point in the price where you drop off profit takers, which causes weakness and red consolidation days. In the last week, we've traded nearly 1 million shares above $12 and the next leg up to higher ground should be right around the corner. I'm expecting we see a lot more buying tomorrow. They tried more than once to break $12 without any luck and we rebounded late to close in the $12.80 range. Tomorrow, I believe we see early churning, then when we break $13 again, we fly much higher.IMO!
PokerStar
And yet, these manipulators take the price lower. I'm done here......they've succeeded to piss me off for the last time. Taking my profits and putting that money where it has a chance to grow. Something is just not right with this.....good luck to those holding!
PokerStar
When the churning in the low .03s is over, and it appears we are getting close, this will pop hard north and fast, and ensure any flippers here will be buying back at a much higher price. I would not be surprised to see this go green and shoot to a nickel.
PokerStar
Remember how fast this turns around when a big buyer shows up.....any losses are quickly reversed to green. A concerted takedown.....MMs grabbing stop losses along the way. This tiny, tightly held float snaps back hard and fast. The last time they tried to drop it below $12, buyers stepped in a drove it back to $13.50 in a matter if minutes. Don't fall for the games they are playing....... They will do whatever they have to, to try and pry shares out of long's hands before the uplist. Some of you won't believe it, but we will close at a new 52 week high at days end, IMO!
PokerStar
I hope traders remember what happened when they tried to block the ask the last time. After we traded almost 100K shares in a tight .20 cent channel, eventually we broke through and shot up over $3.00 higher. Expecting more of the same today. The only way they could drop the price is to short it and I don't know anyone dumb enough tp short this with Nasdaq right around the corner. Buy the dips and hold for the GOLD!!!! The easiest way to play this ticker. Dips are short lived, if and when they happen. Don't be fooled by these dirty MMs!!!
PokerStar
Level 2 looking like a gap and runner is on deck for us.....The first of many nickels is on the way today, IMO. Good luck fellow GVSI longs!
PokerStar
I'm not sure what it's going to take to make some believe where we are heading. Thank for that post.....Now maybe some of the usual noise here will disappear for good!
PokerStar
So tickers like HMBL that didn't even have a product to put on the market and have zero revenues could go as high as $7.50 with almost 4 billion shares, giving it a market cap of over 4 billion dollars and you really believe that a company like GMGI that continues to be profitable, month after month, with a tiny under 11 million float can't reach any higher than where we are now???? Obvious someone sold and wants them back cheaper.....Good luck fighting everyone else for the few shares available out there that traders are willing to part with ahead of the Nasdaq uplist!
PokerStar