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I'm not sure, but if one looks at how Zoran keeps getting more and more shares in the company, at cheaper and cheaper prices, it wouldn't surprise me. Something seriously stinks here with this ongoing price manipulation that just keeps going lower and lower with every positive news event@
PokerStar
Hi Gary... after seeing Alek Milosonovic's recent filings for buying 105K shares, I decided to check the short share count, and as of today's update, shorts increased from 1.34 million shares up to 1.47 million shares. He supposedly bought shares between $1.85-$1.97 and since then, we went as low as $1.70! I just shake my head in disbelief! Share buyback still authorized until mid 2025, insiders buying and still the share price drops lower! Something so very wrong with this ticker!
PokerStar
It's all in the last filings Gary. The MeridianBet owners that merged, now own roughly 80% of the company. And because of those almost 122 million shares they own, along with the remaining roughly 22 million shares owned by the rest of the board, including Brian's shares, and also the free trading shares, that shareholders own, our market cap is almost $300 million dollars. Until the new quarterly filings come out to show our actual revenues, even though MeridianBet was supposedly over 100 million per year along with GMGI's 40 million annual revenues, no wonder this thing is stuck around $2 bucks. We are already trading at a 2x multiplier based on sales. Some gambling stocks trade in the neighborhood of 5-10x multipliers, but those are the big boys. Most are still losing piles of money, but their revenues are in the Billions annually. I hope this helps... but read the filings. All this info is in there.
PokerStar
Sold off the last few thousand shares today...moving on as well. I've had enough of the never ending bullsh*t here. I truly believe these new Serbian overlords are responsible for the price manipulation. Every time the company put out an update about the previously agreed price per share to consumate the merger, the price kept going lower and lower and in turn, the company needed to increase the number of shares at a lower price to complete the deal. It started @$3.50 per share and by the time the merger was satisfied, the price was as low as $2.00 for Zoran's last tranche. Now the Serbs own almost 80% of the company and I'm sure Brian will be ousted as CEO in a matter of the next year. It seems like this was all just a stunt for Brian and the Serbs to sell their shares. We haven't seen much insider selling other than Brian's girlfriend but I think it's just a matter of time.
PokerStar
I'm pretty much with you Gary...beyond fed up with these games. I'll be taking my lumps and moving on as well. I'm too old to have to wait another 10 years for things here to turn around. Best of luck brother!
PokerStar
Hey Gary... I've been going over the last few disclosures on OTC markets. I'm wondering why Brian has not updated any information there other than the outstanding share count from the middle of August 2024. Based on the last filings, by my calculations, it looks like there are now just under 20 million shares in the float and almost 129 million shares outstanding. I'm curious about whether our new overlords...the Serbs are selling some on their shares? Something doesn't make a lot of sense here.
PokerStar
Here he is... back again pumping away. Someone said you sold all your shares yesterday... I guess you must have reloaded! Lol.
PokerStar
Gotta love the end of day flippers dumping into the bid, killing all today's momo! Sad bunch of losers!
PokerStar
.78 has been a strong resistance... the higher we close this today, the easier it will be to break through tomorrow. Let's push this back to HOD!
PokerStar
Yep... with this solid consolidation in the high .60s to low .70s, we are due for another buying flurry to pop the price higher to the next level. This has been stair stepping like a champ! Unless we get some fast track news, we'll probably consolidate next in the .90-.96 area, in my opinion. We are just one buying spree away!
PokerStar
Thanks brother! It was a great trip! Now my focus is fully back on RNAZ and hopefully some more great news. As I watch level 2 and see all the maneuvering as peeps keep increasing their bids when they don't get filled instead of just slapping the ask for the few thousand shares they want. Once the whales return, we'll start to see the ask get demolished and watch the bud sitters start to chase it higher. I just don't understand the need to try to save 10 or 50 bucks, ehen this thing should be trading in multiple dollars.
PokerStar
I agree brother... I think this week is "the week"! It seems as though we saw the last of the sellers yesterday with the 2 dips to .65. I'm thinking we may just have the majority of the outstanding shares now into stronger hands. I added some more today... slapped the ask @73, got them @.727, and the price stayed the same @.72. MM games I guess? Lol. Anyways... I'm back from a Thanksgiving trip last weekend and ready to rumble!
PokerStar
Higher highs and higher lows is keeping our trend line going in the right direction. Getting consolidation on the way up is healthy. We all want to see this back over a buck...it'll happen, we just need a little patience!
PokerStar
Some flippers here just can't stand prosperity. Never going to break $1 dollar if we don't rid ourselves of these short sighted flippers.
PokerStar
Just a matter of time... we are on the cusp of a cure for cancer or at the very least, a delivery system to attack tumors and prolong the lives of those with multiple types of metastatic cancers. What valuation would this company have with it's miniscule outstanding share count of 17 million? Yep...multiple dollars at the very least in the short term. How much is this company and their tech worth to other multi-national pharmas? That to me is the biggest question. The tech is proven to be safe and it's efficacy is top notch. Nothing here would surprise me with where we are and where this ends up with more positive news. So many possibilities here... it's mind boggling.
PokerStar
Would be nice! Can't understand why not. The amount traded last night after hours in that tight .72-.75 range should have offloaded the majority of the profit takers and flippers. Lots of day left for a big run up!
PokerStar
We traded about 500-600K after hours between .72-.75 cents. Some douche dumped a whopping 10K into the bid to drop the price to .62 cents. MMs or shorts playing hoping to scare some shares. No reason for that to drop .12 cents on 10K shares. All just a setup by criminals!
PokerStar
Fabulous read... thanks for sharing with the board. A true eye opener for those doing their DD on this company and the technology! Much appreciated!
PokerStar
Are you finger pounting at me? Calling me a shorter? Lol! I've been loading since this was in the low .20s.... added a pile in the .30s, added at .50 and bought another 15K today to help bust through the wall @.70 cents. I have been a supporter of this stock and where it's heading, every step of the way. You on the other hand come off as nothing but a disgruntled fool that doesn't understand how to trade. If and when I make a bad investment, I sell off and move my money elsewhere and take my loss. I don't just hang around to bash the CEO and waste my time like somebody I know! Lol.
PokerStar
He's not capable of a post that is informative... he is a company basher once he's sold his position, then he's a pumper and calls out shorts after he's reloaded. He's an uneducated bull shit artist that is dysfunctional to say the least!
PokerStar
I hope you're right! If it wasn't for shorters or flip-flop flippers like yourself, we'd be well over $1.00 by now! Your thoughts and your position here with this ticker are crystal clear!
PokerStar
Oh yeah... you can count on Meta M to start bashing as soon as he cashes out. He's a fool and an easy read! Pump, pump, pump...bash, bash, bash! Rinse and repeat! This one has zero reason to be under $1 buck. Tiny outstanding share count of 17 million and incredible tech. Easily a 100 million market cap company that sits just over 10 million. This has multiple dollars written all over this with a stronger shareholder base. Too many here that just flip it instead of holding for gold. Look at the after hour tape as an example. Traded around 500K, all between .72-.75. Buys on the ask @.74-.75 , followed by small sells @.72-.73. Hopefully tomorrow pre- market gets rid of the rest of the sellers @.75 so we can run to a dollar and beyond tomorrow!
PokerStar
Thanks for posting that! Incredible results so far and no adverse effects. Looks like a win/win to me. Have some decent after hours volume with .75s being hit hard, followed by some small sells to drop the price back to .72-.74! Just a matter of time that whoever the culprit is selling there runs out of shares.... unless it's our resident basher shorting a bunch @.75! Who knows but it's a big mistake in my opinion. I see heavy volume tomorrow as the news gets to those that missed it today.
PokerStar
I'm thinking the same thing! Plus we have pre-market as well tomorrow to add to the pressure on the ask. Thinking a strong after hours and pre market could help us with a gap up in the morning and a breach of that illusive dollar once again! RNAZ just waking up here. News was very positive and I'm more than confident we see continuation tomorrow!
PokerStar
Nom...nom...nom! Eating that wall @.70! Any help would be appreciated!
PokerStar
Some afternoon volume and a close today above .74 could send this above $1 buck by tomorrow! Things could get spicy with a break of recent resistance!
PokerStar
Yes this is correct and up to date information. That's why continued great news like today will send this to multiple dollars. Yet some here still trying to get their shares on the bid, when there are few shares not being held with an iron fist. There are shares available but peeps will not let a lot go until we reach multiple dollars. All we need is a few whales or big pharma to start grabbing a position here and things will go crazy... and fast. On the lookout for huge volume as news is finally starting to trickle out to buying groups!
PokerStar
Hmmmmm... calling out the shorts today and not spreading incorrect information about our current CEO... that's funny! I guess you were able to reload in the .50s thanks to all your slander. You should be proud of yourself! Lol. Today you're on the pumping crew! Funny how that works. Lol!!!!
PokerStar
Well... for once you didn't lie in your post! This is UNDERVALUED! Big time! Lol... loser!
PokerStar
What I can and do see is my trading account up a little over $15K on 75 thousand shares. Not all investors are red and pissed off like you. I see the tech and the possibilities here. Again.... what is your mission you disgruntled P.O.S.? Lol!
PokerStar
When will you stop with the negativity? You sound like Trump... you can't admit you are wrong. It's like you believe that talking sh*t about this company will have any kind of bearing on the price per share. This will take off and leave scum like you and your kind behind! Lol.
PokerStar
Just like the earlier pop from .40-.44 then the pop from .45-.49 all happened with a small flurry of ask slapping. When this decides to moves, it moves up in a hurry. Don't be fooled by the consolidation periods.
PokerStar
Just like pre-market started the attack to lower the price, watch for after-market volume to run the price up. Those shorters have now covered, now they'll want to run it up to cash in again. Almost double our average volume of 3 million shares is very telling!
PokerStar
You are only here for one reason... to scare shares into your filthy hands. You had a chance at low .40s and now we're about to break above .50! You are pathetic if you didn't take advantage of those cheapies.
PokerStar
I could very well be.... lol. Just wait until this goes green... then watch the volume flow in on the ask. I'd love to see the look on the face of these suckers that fell for this short attack and sold off. The whinners here are just here to spread unfounded fear in the hopes they can get some to sell. Nothing but sour grapes by a few that either are shorting this and/or have no clue how to trade!
PokerStar
Gap fill to .54 incoming before the end of trading today! Huge volume means we fly in due time. Like they say, volume preceeds a huge run!
PokerStar
Get a life loser! I was able to load more @.42--.43 as this short attack was nothing but a concerted effort to get more shares. Like I've said before, it's the tech here and the phase 1/2 results that push this to multiple dollars... regardless of where this trades. Have you never seen a Pink Sheet stock go up 100s of % before? You're a joke and nothing but a whinner that can't get over the fact that you just don't have a clue how to trade stocks! Plain and simple! Now shut up and get lost you fool. Lol.
PokerStar
No news out and that just created an invitation for profit takers and shorts to sell this off to a lower level. I want some @.40 cents and we're getting close to buying more time again!
PokerStar
We need news or at the very least an update regarding our Nasdaq listing. All this quiet time is an invitation for shorts to sell this lower. I'm hoping they get it down to .40 for another great buying opportunity.
PokerStar
I'm hoping the short sellers and fools sell this down to .40 for another great buying opportunity.
PokerStar