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The Meridian merger to take place at any time this month and somehow, these shorting pr*cks have the price down to $2.76. What a f*cking joke. I hope Brian drops some early news and catches these losers and they have to cover on the ask. Same sh*t, different week.
PokerStar
Close of $3.33 for the day....pretty decent volume and a green day...on a Friday to boot! It rebounded faster than I thought it would. That's a good sign in my opinion. With Brian saying the merger would be completed in April, I'm hoping he surprises everyone and announces the merger after the loser flippers do their next dumping into the bid and they have to chase it higher to buy them back. It's been in the works for almost 2 years. I'm sure all the financing has already been arranged and it's just a matter of signing the paperwork. I'm hoping Brian surprises us all with an announcement in the second week of April. Tick, tock! Best of luck my friend!
PokerStar
Got back to green then in the last hour...over 50K dumped into the bid to drop us to 3 bucks then under...such a bunch of jerkoffs. Always happens on a good news day. I'd love to meet one of these losers sometime...I'd have a real surprise for them!
PokerStar
I hear you Gary...some just seem happy to flip for a .30-.40 cent profit. These fools sell into the bid to drop the price in the hopes of enticing more bid whacking, so they can buy back in cheaper. The time is coming where buyers will snap up the bargains to raise the price back to where it was and higher. New buyers needed and I see a big change in the trading pattern coming our way. The days of under 20K shares daily will be a thing of the past and this manipulation will end. Once the merger is completed and announced in the coming weeks, I'm expecting a whole lot of ask slapping, a new breed of investors buying shares here and some serious price appreciation in time. Patience will pay off here. I know you're as frustrated as I am with these scumbags.
PokerStar
Ditto here! Hopefully with the upcoming vote results for the 100% merger/takeover, the true value of the new combined company, both of which are already profitable companies, the market will give this new company a much, much higher valuation. I'm with RBC and the analyst coverage on GMGI has a valuation today of $5.37. When the new company emerges and starts reporting their sales and profits, I guarantee it will get investors excited and buying shares here. How many gambling stocks out there are actually profitable that is costing them hundreds of dollars per player retention. GMGI has very low cost player retention and when the synergies from these two profitable companies merge, it will get the attention of small investors and Wall Street investment firms. The sky is the limit here. All the best brother!
PokerStar
Another after hours large blocks went off today. Over 40K @ $3.07, nice to finally see positive news and the price didn't collapse as usual. Now let's get this acquisition done and close this massive Meridian Bet deal and get these combined company's books together and welcome the new breed of traders to this baby. We need new blood in the worst way and I'm a firm believer that we will flush out some of these swing traders. The price rarely moves more than a few cents back and forth for the last few months and I think once these new buyers step in, the price will increase significantly and these flippers will be replaced by actual investors that will eat every share that these morons dump into the bid trying to rebuy cheaper. Our day is coming Gary....a little more time and patience required but I think we have a nice break out coming soon. IMO!
PokerStar
That would be my assumption as well...
PokerStar
You're green now....SELL...SELL...SELL! Lol.
PokerStar
8.4 million traded so far today....same amount as the average daily volume...and all under the first 20 minutes of trading. $10 bucks on the way today. IMO.
PokerStar
About to break $8 bucks premarket....could be some major fireworks again today. If the volume continues...gonna be an awesome day!
PokerStar
Low volume take down to the $6.30 range. Enticing more selling before the run up....don't be fooled. 44 million plus shares traded today. Over 11 times the average volume here.
PokerStar
New support appears to be the $6.70 area. Accumulation in this tight $6.70-$7.35 area is huge. Everything points to a huge upcoming run again. I don't expect to see $100 bucks again soon but $20-$25 in the short term is certainly in play, in my honest opinion.
PokerStar
The end of day trading, after hours and premarket will be very telling. With almost 43 million volume today, my bet is on busting a huge move higher before tomorrow. Wouldn't want to not be holding shares now as this upcoming run is gearing up.
PokerStar
My thoughts exactly...price explosion will happen. Exactly when is anyones guess! But holding strong at this level!
PokerStar
Triple bottom in at the $6.70 area. Maybe the next leg up is starting? Buyers chewed up those under $7 bucks in a hurry. Back over $7...this is just starting again folks. Over 40 million in volume is nothing to sneeze at. Something big is brewing here. IMO.
PokerStar
Closing in on 40 million shares traded...and still in the low $7s. Flippers appear to continue their selling from lower levels. Every time we creep up above $7.25-$7.35, sellers undercut the ask and put up 5K & 10K blocks. I really believe that those sitting on the sidelines hoping for cheaper than $6.50 probably won't get filled, then out of the blue, they'll let this run to new daily highs and the chase higher will begin. Don't be left behind...when this thing starts to move higher. By the time you get your buy order in, the price will be .50 cents higher.
PokerStar
Think we see $10 again soon. Today??? Maybe, once this accumulation in the low $7s is done. But if not today...easily by tomorrow if we continue to hold these levels. Volume before price, and the way it's going....could see a major move higher at any time. Hope you still have a bit of skin in the game!
PokerStar
37 million in volume now....still in low $7s. Some serious accumulating going on for the next run up. Volume before price...so they say. Parabolic move higher is getting more and more likely.
PokerStar
Consolidation ongoing but good support showing up in the low $7s, high $6s....volume over 35 million so far. Next leg up should be coming soon. IMO!
PokerStar
....and just like that...the selling/dilution dropped this vack under $7.00. If anyone didn't notice, we gapped up this morning, so may be that gap fill is coming before the next spike higher??? Hard to say...can't see with this volume and interest back that it goes back to below $5 bucks.
PokerStar
It's nice to see the reversal finally begin and the huge volume returning. If there's a chance this gets anywhere close to recent highs, don't expect the violent rise we saw this past run. This thing saw a lot of selling and likely a lot of dilution since the past run. There's little to no confidence in this stock at the moment, that after this short covering, that dilution doesn't resume. I can see this back in the $20 range but not without the dips caused by profit taking along the way. It'll see spikes in prices followed by consolidation at higher levels...IMO.
PokerStar
Agreed...the big question is when? They company did a reverse split and increased their authorized shares x10. Where the dilution ends and a new bottom is found is anyones guess.
PokerStar
Shorts and diluters have a stranglehold on this...no end in sight!
PokerStar
They'll bring this back up slowly or in a hurry from low to mid $8s, then once they suck a few people into putting bids in, they'll sell into it big time and drop the price to $7 bucks. Noone left here but diluters and a few scalpers. Volume is in the shitter!
PokerStar
Now down to $8 bucks....and when no buyers show up down here....down to $7.50. Rinse and repeat until they kill this completely with dilution and shorting.
PokerStar
So far today....a big selling spree after being a few cents green. Zero buyers....nothing but sellers. If a buyer does show up...It's on the bid then sold into almost immediately.
PokerStar
Same pattern daily here for a week or two. They dump into the bid...be it shorters or diluters...drop the price by a buck or so, then run it back up to where the dump started, then dump into the bid again. Going lower after hours and pre market on Monday. Going to go back into $6 buck land and if no volume and buyers show up then...well turn out the lights on this one. IMO.
PokerStar
I don't own any...can't help you out.
PokerStar
Trading for a little over .11 cents today...you must be tickled pink to get more cheapies.
PokerStar
Big ask slaps starting to happen. 28K eaten from the ask @$10, then another 20K eaten from the ask @$10.05. Looking like we might see a strong close.
PokerStar
Whether it's shorting or dilution...someone doesn't want this over $10 bucks. Any time we creep close with a bit of ask slapping, the bid whackers hit the bid hard and drop it lower.
PokerStar
Unfortunately it's ballistic run up lasted all of 5 minutes before sellers dropped the boom on the bid. Now we're at the low of the day with volume extra light. We need buyers and increased volume to get this going in the right direction. The good thing is...a little surge in volume can bring the price up a buck or 2 in a matter of minutes. Need patience until the volume returns. Hopefully an update is coming from the company.
PokerStar
We continue to see accumulation ongoing in the low $10 area. We are 1 buying spree spurt from new daily highs. Once the ask slapping starts, those trying to get more cheap shares will start chasing as the price starts running above $11 to new daily Highs.
PokerStar
If we could ever see the sellers stop bid whacking every time we get at or slightly above $10 bucks, there'll be a good chance. If that happens....after hours and pre market could easily push this above $15 before open tomorrow.
PokerStar
Expecting the same thing happening. Strong pre market tomorrow will bring buyers back in. Most of the day, there was very little ask slapping. In the afternoon...the bid was getting whacked over and over putting downward pressure on the price. I think once we see the volatility slow...we'll see a hard spike north. IMO.
PokerStar
A break of $11.15 is key...let's go!
PokerStar
619 million dollars traded so far today. Tomorrow....there could be fireworks, IMO. If pre market pushes this above $12-$14 bucks...probably back to low $20s tomorrow. Again...all in my opinion.
PokerStar
Calling a $12.55 close...
PokerStar
Could see a serious after hours increase and another gap up tomorrow. IMO.
PokerStar
5k @ $11.06 taken out on the ask. Looks like we may get that strong finish to the day...possibly.
PokerStar