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Another wonderful 10K as expected and next we should hear about the uplisting to Nasdaq update......so many great catalysts to help drive this higher and higher. The sky is the limit here. The Nasdaq crowd, when they are able to buy, will take this to new heights many thought unattainable in the coming days and weeks.
PokerStar
Nice finish to the day. Someone was either selling a big block at $13 or a couple of MMs were shorting this, trying to hold the price back. I knew we were going to pop higher once we got through the $13.00 wall. Tomorrow we should see another gap and run kind of day. We either get expected filings during the day or after hours. I personally hope we get after hours news and we have the entire weekend for news of the great 10K to spread and we fly much higher next week.......oh, and don't forget the real fun starts when the Nasdaq uplisting is announced. Long and strong baby.....GMGI!!!!!
PokerStar
That's where my money is. With the nice, slow increase in price and new, increasing awareness about KYNC, we continue to see more new faces taking a position here. It won't be long, we'll get to that point where they will just have to let it run to where it wants to go, without manipulating the price. More eyes on us by the minute and once our filings drop to make us current, the real fun will start. Big price moves are right around the corner as the story here begins to unfold. Buy the dips and hold for the gold folks.......Our time is coming!
PokerStar
Over 25,000 shares bought at the ask and 1,500 shares sold on the bid and we can't get above $13......LOL. We have your numbers you dirty MMs.....you can't hold the price back forever.....the market is giving you a hint with the incessant buying! New 52 week high is right around the corner. looks like we have to get rid of WABR off the ask, then we can fly! I'm going to slap the $13.00 for 5,000 to add to the pile......I bet they all disappear from the ask, these dirty shorting MMs
PokerStar
This baby is really getting ready to make an explosive move. These dirty MMs can't hold back the buying pressure forever and soon, this pops hard to a new 52 week high on our way to many more multiple 52 week highs in the coming days, weeks and months!
PokerStar
It's pretty obvious with the tale of the tape what is going on. WABR is showing 100 shares at $13 but we've seen 20,000 in buys versus 1,500 in sell. It's pretty clear he is trying to manipulate the price here tp help himself and other MMs cover their shorts. They are in big trouble with what we have in store in the coming days and weeks. One large bid block sends them packing off the ask and we get back to previous highs.
PokerStar
Nice action so far this morning.....A lot of ask slapping starting again. It won't be long, we'll be back putting up new 52 week highs at some point today. I wouldn't wait too much longer before if one is still sitting on the sidelines.....this rocket is about to take off to the $15 area, IMO.
PokerStar
Considering all the great news from being debt free to increased revenues and profit margins, zero dilution, to name a few, yet these price manipulating MMs keep us in this channel. We are heading back to $2 very soon. We just need to break through the first dollar again and when the reversal is confirmed, we head back to $2 and beyond, IMO!
PokerStar
Great post my friend....that analysis was spot on. The only thing I may disagree on is the part about leaving day traders behind. Day traders are and have been an integral part of the daily flow of money into the stock and giving more liquidity along the way to help absorb some profit taking as the price continues to increase. I think any healthy trading stock that is on the rise will see day traders.....when there is fast money to be made, they are not far behind. As you said, the real gains will be made when the Nasdaq crowd are able to buy.....that's when the price will be multiples of where we trade at today. Somehow, with 8,000 more shares bought yesterday than were sold, I'm not sure how it was possible for these MMs to drop the price to low $12s without them selling some shorts to hold the price back. Sure there would have been some flippers taking some profits after we closed at a new 52 week high on Monday but with more buys than sells, we should have traded flat as we consolidate at higher prices. With a seriously strong 10K expected anytime and due on Friday and also the Nasdaq uplisting announcement at any moment, there will just be too much buying on the ask for them to manipulate the share price. I've said it before and I'll say it again....shares are scarce and will remain in high demand....a consolidation day was healthy but now we fly higher. $20 share price before our Nasdaq uplisting is not only a possibility, but I'm now expecting it. If this tightly held low floater doesn't settle in between $35-$45 dollars after the uplisting, I'd be very, very surprised. With EBET recently trading on Nasdaq and the very positive response it received with the initial IPO price expected in the $5-$6 range, but was traded as high as $72 premarket, opened at $54 and after profit taking dropped the price to the $18 range, it has recovered nicely and trades in the $24 range. I use them as a comparable for what should give us an idea how our uplist should be received as our share structures are close but because we are and have been profitable for 10 straight quarters and EBET last reported a loss on larger revenues, I expect a feeding frenzy on our uplist. Nothing Nasdaq traders love more than growth stocks and we are on the cusp of massive growth. I truly believe anyone selling one single share until after the uplist is at least completed will be leaving huge money on the table here. It is up to each and every long to sell
some when they feel the time is right, but in my opinion, this is the time to add.....not to sell. Great days ahead folks....unless your allergic to money!!!
PokerStar
I've had KYNC as a 100% buy for weeks. We had some solid, clean, healthy trading with intraday consolidation yesterday after a nice consolidation day in the low .01s on Monday. We should continue to see solid, heavy trading as we await filings to go current which are expected any day now. I can't see us below. 02 for much longer!
PokerStar
Buys still outpace sells by 8,000 shares on 104,000 shares.....LOL. Talk about a concerted take down to $12.23.....This baby will snap back and snap back hard and fast very soon, IMO.
PokerStar
Agreed......It's actually a breath of fresh air down in OTC land! Thanks for the reply!
PokerStar
I'm curious why this board is so quiet.....is this normal???? I haven't been here that long.....I'm just curious. Stock has decent volume, price is heading north in a hurry, and the board is quiet as hell. I'm not used to seeing this happen in OTC land very often. Apparently, this ticker is growing on it's own merits rather than being pumped higher by a group.
PokerStar
I really hope peeps are watching the tape......So far today, our buys exceed our sells by 10,000 shares or so and somehow, these dirty MMs found a way to drop the price to a low of $12.50 on 87,000 shares traded. It won't be long now that peeps have figured out this weak, concerted take down, will not be tolerated by longs. Level 2 is thin on the ask and the next buying spree takes us into $14s, IMO. I wouldn't wait much longer before slapping for the few that are available, before this starts to explode higher again.....as we know it will!!!
PokerStar
And just like that.....bye bye CDEL. The move to mid $14s-$15 is just beginning. Don't wait too long to slap that ask. Not many shares out there and a few large ask slaps takes us to high $13s in a hurry. PUMA is the only one standing in the way between $13 and the next leg up!
PokerStar
Level 2 looking a lot healthier today. Bids are starting to build and soon, I think the price pops north of .016 on a hurry. the next leg up is right around the corner, IMO, and we'll start seeing some huge ask slaps coming our way.
PokerStar
Great consolidation today with a tiny dip and soon, when we get through the aggressive CDEL seller at $12.97, we move back to green in a hurry. Amateur hour is coming to a close.....
PokerStar
Probably the same game these dirty MMs keep playing. Everyone is waiting for that time that they let this run back to where it belongs but as soon as we get a nice pop and some solid bid support, they sell into it and drop it right back down. They do this to entice ask slapping and they are known for doing this more than often than not with this ticker. I hope I am wrong. Just watch the huge selling that follows, once the bid has strong support. Pretty sad that they are allowed to do this!
PokerStar
It seems as though .012 is this ticker's kryptonite right now. A solid, clean break from that level takes this higher in a hurry, IMO. I'm ready with a 2 million order for share support at .012 once we break through. The rest of the day should be super green, IMO. Sellers are almost done, then we pop hard, IMO.
PokerStar
From the tiny dip to $12,50 and right back to low $13s in a matter of minutes....I'm not sure why anyone would even fall for this weak attempt at a take down. Just too many catalysts coming down the pipe to fool many into selling their valuable shares right before the financials are dropped and the Nasdaq uplisting is announced.....but to each their own! Next buying spree takes us to mid $14s.....Amateur hour is coming to an end, then the real buyers step up and drive this higher with their solid ask slapping and renewed bid support!
PokerStar
Yes it was.......like over a year ago. This was stuck in a channel between .004 and .006 for a long time as well. No matter how much great news the company would post back then, there were just too many shares available and the price would never show a true valuation. They were a profitable company then as well, the difference now is, they did a 150-1 reverse split to increase the price with the intentions of a Nasdaq uplisting. Since that announcement the price has continued to increase from it's post R/S price of $2.80. A whole lot of great news has dropped since then as well, including 12 million cash on hand and increasing revenues, increasing profit margins, hundreds of new operators and a couple of huge partnerships with Playteck and Amelco. the stock valuation is just starting to show a more realistic valuation but way more upside versus risk from these levels.
PokerStar
I love how CSTI has been strong o the bid lately. They are keeping the spread tight and sitting one cent below the ask. They show 100 shares but keep absorbing a few thousand before they move a little lower or a little higher. Serious accumulation ongoing and it looks as though they have enlisted WABR to help slow the price increase by parking on the ask. It won't take long for this dip to get eaten up and we'll be right back to solid green. Dips DON"T last long here, so don't wait too long before hitting the ask. It won't take much buying to get us right back to even, then back to solid green. A little early morning profit taking by some flippers from the last few days as expected. If they only knew just where the price was heading on day 1 on Nasdaq, they would just buy and hold for the big payoff instead of taking a chance to have to buy those flipping shares back at a higher price. To each their own, but I for one just buy the dips and tuck them away for the long haul when these opportunities arise. They will be very short lived, so don't wait too long before buying them back!
PokerStar
That's for sure my friend. Nobody is going anywhere, regardless of the price, until after the uplist is completed. Flippers and swing traders will do their thing, but the big payday for longs is right around the corner now. Who in their right mind would sell a single share here with all we have coming our way. Don't be fooled by some trying to scare you out of your shares.....they'll be worth a whole lot more than this after Nasdaq traders have their way with us and buy a position here. Price is going to keep slowly creeping up higher and higher.
PokerStar
I have been watching level 2 like a hawk since last week and this is my take on the recent action and increased trading volume. I have been a firm believer since we were trading between the $6.50 and $7.75 area that we were being shorted, which caused the price to fall back to the $4.85-$5.50 channel for the last couple of months. When trading within that higher channel, we were receiving great news about new partnerships, large increase in new operators, increased revenues and profits, uplisting updates, to name a few, and not only did the price never break out higher, it actually was driven down over $2.50 per share, into the lower channel, and stayed stuck there for over 2 months.
Considering that we were averaging in the area of 35-40,000 shares traded per day, I believed either someone was shorting us, be it a large entity or a group, or the MMs were blocking the price from rising. By manipulating the price lower on low volume, it was easy for them to control the price and have been accumulating plenty of shares around the $5 area for the expected uplist..
The reason I am leaning more towards someone shorting the stock has been the way level 2 has reacted in the last week or so. Let's face it, if you own or at least followed this stock, you know all the catalysts coming in the coming days and potentially weeks. We saw this stock stuck in that lower channel, regardless of these upcoming catalysts or on great news that Brian continued to deliver. We have recently seen things turn around, but because the hedge fund managers and deep pocket investors aren't able to buy yet since we are not on Nasdaq, where has the increased volume and pressure on the ask come from? We watched them try to kill momentum by putting up huge walls, trying to hold the price within a certain channel, but once retail started buying up these walls, they were forced to let it run higher. When they tried to hold it back under $10 last week, we again saw large walls get eaten up by retail. Knowing who can and cannot trade GMGI while still on the OTC, who do you all think is eating up the ask walls with 10,000 share ask slaps? Do you all think it's retail that just happened to have $120-$130,000K lying around to slap the ask and take a position here? There are really not many options when you really think about it.....
When the wall at $10.00 fell at end of day Monday and closed at $10.19, I believe what we've seen since is short covering. Retail has helped increase the pressure on the ask leading up to this point, either taking a position or longs adding to the pile before the financials are dropped and the uplisting imminent news. With what's coming down the pipe, shareholders are not only holding strong, but they are putting extra pressure on short covering by adding on the ask and providing huge bid support. I believe this pressure will remain on the ask for the rest of the week and into next week. Financials are expected to be very strong and the uplisting process gets closer by the minute of every day. Anyone selling hoping to flip a few will be taking an awfully big chance of not being able to buy them back cheaper. Any dips have been weak and short lived, so if you want to gamble, that's on you. In my opinion, people have seen a couple of IPOs and recent Nasdaq uplist by some of our peers and how well received they were. The same type of love we will receive when it's our turn to jump on the Nasdaq. If one compares us to those recent uplists, we are a stronger company by far. Not only do we have over 12 million cash on hand, but we have been consistantly profitable for more than 10 straight quarters. Our peers have a much larger outstanding share count and are still not profitable. If they have garnered the kind of interest they have on Nasdaq, just wait until they are able to buy GMGI......EBET closed yesterday around the $25 mark which I use as a comparable. They were also the most recent IPO, slated to trade in the $5-$6 range. Instead, premarket buys drove the price to over $70.00 then opened at $54.00 and now trades in the $25 area as of yesterday's close. If EBET could do that, what will Nasdaq traders pay for a smaller float, profitable company, 12 million cash and only debt is being serviced easily with the growing revenues and profit margins......I have my ideas.....which is why I had no issue adding another 5K to the pile at $13.25 yesterday. The sky is the limit here and I see absolutely no reason why the pressure on the ask will not only remain but continue to get stronger, right up to uplisting news. Speaking for myself as a long, I never have in the past, nor will I now, flip a few shares, hoping to make a few grand, especially not now.....but I'm sure a few will try. It's just not worth the chance, IMO. I'd rather see all us longs just hold tight and let the deep pocket investors that are champing at the bit to buy us once on Nasdaq push us to unbelievable new highs because of the lack of supply of shares. The volume has remained strong for days but wait.......if a 200,000 share trading day pushed us to a new 52 week high, where does a 2 million or more share trading day on Nasdaq push us????? That's what's going to be fun! All aboard!!!!!
PokerStar
Well it appears these crooked MMs are still short covering and not ready to let this blast over the dollar mark yet. All that serious ask slapping up to the .95 mark all morning and these MMs sell a few short into the bid, dropping the price back to the .90 cent area, on tiny volume. I can't wait until we get off this OTC garbage platform.
PokerStar
Once on Nasdaq, those traders will send this into the stratosphere with the expected feeding frenzy on the ask and so few shares to go around. Long and strong baby....the stock of a generation in the making, IMO. Best of luck brother, not that we NEED any luck! And thank you again as well, for all you've done to support this ticker with great updates and DD in the last year or more!
PokerStar
I've been asked more than once on other sites where I think this will find resistance..... Because we are in the midst of a blue sly breakout, there is ZERO resistance above, so high this goes is determined by when sellers outpace buyers and personally, I don't see anything but short term resistance that may be possible in the $14-$15 range, which would be a 100% increase from our major churning area in the $7.00-$7.50 area. Not going to end there.....just saying we may see more impatient sellers that want their profits before the explosion in price that is expected on the Nasdaq uplist. To each their own, but I'm not going anywhere, anytime soon!
PokerStar
This family is about to get richer. Great bid support continuing to be built with a nice 50,000 share order on the bid at .945. New high around the corner now. Next buying spree should challenge the dollar mark once again, IMO.
PokerStar
And this was trading over $7.50 a share and if you're still holding anything but a portion of FREE shares by now, there is NOBODY to blame but yourself. This is and always was a long term investment. This is just getting off the ground. Long term or not, still no reason not to sell enough shares to be riding free shares by now! Greed will get you, down here in the OTC every time! Bottom was in a few days ago at $1.08.....nowhere but up from here......slowly, I might add.
PokerStar
Shouldn't be much longer my friend.....patience will be rewarded here. The break of $1.00 will send this much higher today. I think we breach the dollar mark during lunch hour and have a super green afternoon session with a close at or above $1.15, IMO.
PokerStar
15.5K shares traded and most of them bought on the ask and up over .80 cents already. Where does this go when we have a few million shares traded on the uplisting to Nasdaq???? On my......is all I can say. With fewer than 11 million shares available to trade, it will be ultra hard for any new entity to try and make large buys here without affecting the price. All it took was what appeared to be an aggressive buyer grabbing a 10,000 share block and the price shot up 8%. Buyers lined up....sellers are few and far between Don't wait too long if you're still sitting on the sidelines. The longer you wait, the more expensive each and every buy will become! There is NOTHING to hold back this stock now, other than maybe a few impatient profit takers and a couple of dirty MMs selling short to try to hold the price back. IMO.
PokerStar
Great information Britt but like you say, we are a much healthier and profitable company and both of the recent uplisted companies you posted are either a much larger float and/or not even profitable yet. We are a much more sought after stock and will continue to be until all the deep pocket Nasdaq hedge fund managers and deep pocket, long term investors have filled their pockets with GMGI shares. The question is.... where oh where are they going to find the kind of shares to build a core position when they are able to buy.....I'll give you all a hint.....IT"S CALLED THE ASK!!!!! And with this thing being held so tightly as the majority of all the shares outstanding have been getting eaten between $5-$7 for months and peeps aren't going to let a single share go until after the Nasdaq feeding frenzy is in full effect, at the earliest. If you have never seen a short squeeze in effect, the reaction on the first few days on Nasdaq will have the same effect on the price per share. Nobody and I mean NOBODY in their right mind should be selling one single for what will turn out to be a fraction of what they could have sold them for had they waited until the Nasdaq uplisting is completed. Pressure on the ask here will continue for days, weeks and months to come. The sustained awesome bid support is also a big reason we are able to hold our gains on the way up as well.....Flippers know damn well if they are trying to flip a few to hopefully buy them back for a little cheaper to make a few hundred bucks waiting is futile.....Buyers will continue to be lined up right around the corner, waiting to buy shares when they are able to! All aboard the GMGI train, still boarding for the ride of your life. Tag along for the ride with the big boys for a while....I think you'll like the results!
PokerStar
Just as I expected....higher low in the $1.25-$1.30 area before the next leg up to $2.00 He we go!!!!
PokerStar
Whoever the short sighted sellers were for the last few days, be it a retail seller or MMs shorting to hold the price below $10, appear to be done. I have a hard time believing, with everything that is about to be released, that it was a retail seller. Possible but not likely. It's more than likely MMs trying to scare peeps into selling their shares before they pop onto the Nasdaq scene and rob you of your good fortune. There is nobody to blame but yourselves if you can't see what's going on and falling for it. This thing is just warming up and Nasdaq traders will make this soar to unbelievable new heights.....come along for the ride of your lives or watch from the sidelines after selling for small profits as the rest of us longs see massive gains that are coming our way. $10 will look like the deal of the century when hedge fund managers and Nasdaq deep pocket traders have their way with this tiny float gem.
PokerStar
The psychological $10 barrier broken with a solid close at $10.19. Breaking out to higher ground tomorrow......where she stops.....nobody knows! End of week financials and a Nasdaq uplisting announcement imminent, blue sky breakout will soon be in full effect! GMGI will outshine as we continue to outperform our peers.
PokerStar
One of my all time favorite posts!
PokerStar
Major reversal is coming, just a question of when, not "if". Last little pop sent us from a low of $1.08 to $1.75 in one day recently and should see a higher low in the $1.25-$1.30 area before starting it's next leg up. This time, we should challenge the $2 mark before consolidation. IMO.
PokerStar
All systems go now that we have broken above the trend line. We should start to see more intraday consolidation at higher levels then a buying surge bringing the price higher. Like we saw yesterday, the break of .75 shot the price up to .95 before some took profits, settling the price back to the lower .90s, where we consolidated the rest of the day. I'm expecting an early surge in volume and likely a gap up and run kind of day. With a recent high of $2 on the last run, it's hard to say just how long it will take to return to those levels. I've seen things pop like crazy here before and after the recent manipulation in the price, sending us from those highs back down to the low .60s, they could push us easily well above the dollar mark by the time market closes on Tuesday. Reversal is just beginning and a return to $2 is imminent and once we breakout from there, multiple dollars are headed our way. Lots of peeps have us on their watch list and after yesterday's move, many would have seen this reviewing the day's trading and I'm sure will be looking to jump in or jump back in. We knew for a long time where this was headed but now, it looks like they'll let us get back to where we belong. Time to add is now whether you're planning on a short term spike or for the long haul like myself. Best of luck fellow shareholders!
PokerStar
Awesome.....the lower the better. The lower the price, the more shares I can add to the growing pile in my investment account. Anything under $1.00 would be a gift.....bring them on!!!!
PokerStar
Great to hear.....bring them on!!!!!!!!
PokerStar