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Volume has been very light since the dump into the bid when we reached high of day in the high .14 cent area. Could this be the end of the dilution? Holding steady in the high .12s, low .13 cent area. I'm expecting a solid rise in price from here. If dilution is actually done, it won't take much heavy buying to send us higher. A close in the .14 cent area would be a huge signal for this to explode higher.
PokerStar
16.5 million traded so far...more than the last 2 days put together. Buys outpace the sells and trading above .13 cents. Went as high as high .14s before a large seller dumped into the bid, but we are recovering and getting ready to really bust out. The chart is screaming a push to the .20 cent area. IMO.
PokerStar
Just like the scumbags they are, the selling continues. I bet they close us @$2.50 or lower. They just love seeing this back down in the low $2s. Another start to another red day in GMGI land.
PokerStar
Already more volume than all day yesterday...lots of buyers are seeing it's just a matter of time today, before this explodes north in a big way!
PokerStar
Went from below .12 cents to challenging .13 cents within a few minutes. A solid break of .13 sends this!
PokerStar
Dipped slightly under .12 cents for a few minutes before large ask slaps began. Looks like the large block seller is done and we should start to move up more easily.
PokerStar
.12 cents having a lot of support....expecting a move north very soon.
PokerStar
Saw a huge order on the ask that started @.13, then started dropping as the afternoon went on. Last time I saw it near close, it appeared to have dropped to .1265 with still about 700K on it. If not for that seller, I think we easily would have closed well above .13 cents.
PokerStar
I suspect those that shorted 160K last week have a ways to go yet....I suspect as long as volume remains higher than normal, they may be done covering in the $2.33 area, where there was a gap in the chart. That's the day we closed @$2.30 and opened the following day @$2.33, then the buyers ran it up to the $3.75 area. I know a healthy chart has pullbacks after a run, but this chart has always been somewhat of a mystery to me. Things here just don't make sense most of the time as we've been plagued with lower volume. Because of that fact, shorts have their way with us.
PokerStar
Another 50K traded so far today and sells over buys are 2 to 1. I wonder how low these scumbags take it before buyers step in? Same sh*t, different day!
PokerStar
A nice 12K bid @$2.74....unfortunately, nobody is slapping the ask and like always, someone will either dump into it end of day, or first thing in the morning. Sad situation, but eventually, the stupidity will end.
PokerStar
A clean break of .133 sends this back to .20 cents in a matter of hours. IMO.
Pokerstar
I'm on there as well! I'm the only Larry that posts there as far as I know.
PokerStar
Yeah, but not interested in posting it. If you're comfortable, I can send you a friend request. I'm Larry, by the way! Let me know.
PokerStar
Hi Gary...I don't have P.M. on here. The only way is to wait for happy hour on Friday from 4-5.
PokerStar
I slapped the ask for 500 shares to get rid of the 300 on the ask
@$2.88 and got them all @$2.84. Just proving out my point!
PokerStar
You got that right Gary! These scumbags are all about making their daily or weekly bucks on the backs of us longs. Part of me thinks I should have just dumped in the mid $3s and not looked back, but this ticker is so undervalued and with the acquisition on the way, I can't leave. I've seen too much and been through too much pain with this ticker, to not be around for the grand slam. I only wish I had money to buy more when these dropped the price below $2 bucks. Anyway...back to level 2 to watch the scumbags do their Friday closing dump fest.
PokerStar
Lol...yeah right. Just been invested in this stock long enough to know the pattern. It's been doing this for over a year....and here comes the Friday dump. Bunch of scumbags!
PokerStar
Probably one of the larger holders that is playing this shorting game with us. I have traded for over 25 years and have seen the dishonest b*llshit that goes on. All we can hope for now is there is a catalyst coming soon and they don't drop us back down to the low $2s again.
PokerStar
Watch level 2 today...at the moment 5K bid @$2.90 and 5K on the ask @$2.99. Just watch how many thousands of shares get traded in between these prices and never touch either the bid or the ask. This is where all the MM's short covering takes place. Unf*ckingbelievable! Dirty scumbags!
PokerStar
Do the math...when we had a 33K bid @$3.64, the price went as high as $3.78, that's when the dump of 160K started and dropped us down to low $3s. So just using that 33K @$3.64 they dumped into, if they cover those on average @$3.14, that's .50cents per share, times 33,000, that's a profit of $16,500....and still another 127,000 to cover. We've traded 33K yesterday and 17K so far today between $3.05 or so and as low as $2.88 today. So my answer to that is yes, they can make good money doing this. Still, part of me though puts the blame on dirty MMs. They can short under the guise of making a market for our shares. Like I mentioned yesterday, I watch a tight spread of $3.02 on the bid and $3.04 on the ask. Both had only a few hundred shares, yet I watched multiple thousands of shares get traded @$3.03. My belief is these dirty MMs short big orders like the 33K @$3.64, then proceed to manipulate the price to cover lower. I'd argue if it wasn't the MMs manipulating the price to cover, actual shorts would have retail to deal with, with no way of controlling upwards pressure on the stock, putting covering at their terms at risk. MMs have the ultimate power, in my opinion to play these games, but I've been wrong before.
PokerStar
As I expected...the first order of the day was for these dirty pr*cks to dump into the bid at the open to get rid of the 8K bid @$3 bucks. If the volume remains low again today, looks like they're going to dump and send this back below $2.50. These scumbags make me sick!
PokerStar
Still a bid for 8,100 shares @$3.00 sitting there at the close. I have no doubt if it's still there tomorrow at the open, shorts take it out, just like this morning's 5,700 share dump at the open. We need buyers, but none in sight. Hopefully better day tomorrow!
PokerStar
Yeah....for now. Talk about price manipulation....almost 30K betwee. $3.01 and $3.03. F*cking joke! Dirty MMs and shorts working together by the looks of it. I'm not looking forward to the usual chump change cashouts tomorrow near closing. These crooks should be locked up!
PokerStar
Watching level 2 and the bid is 1000@$3.02 and the ask is 600@$3.04, yet multiple 1000s of buys happening @$3.03. These scumbag MMs keep playing games, manipulating the share price!
PokerStar
Half the trading day left and only 21K shares trading hands. Seems like we're back to the paltry, pathetic volume here..... It was nice while it lasted. Hopefully things improve the rest of the day, but not holding my breath!
PokerStar
Lol....YES...SCUMBAGS! Lol.
PokerStar
There is no doubt in my mind that there was a group that jumped in here to increase the volume we saw over the last 4 days. The question for me remains, are they here until the acquisition in closed and beyond, or was this another orchestrated pump and dump for a quick buck? The volume should tell the tale. If we see the price drop and traders don't start taking advantage and lowering their cost, it'll be pretty good proof that they are no longer in the house. The volume should also remain well above our normal, and if it doesn't, I'd bet these dirty pr*cks bleed this all the way back down. My hopes are they leave the price bouncing around the low $3 area to cover so we don't have another huge hill to climb to move back higher, where we belong.
PokerStar
You better not be calling me a scumbag! Lol. Yeah, these dirty pr*cks like to start the day with shorting a block into the bid, to wipe it out. Like I said yesterday, they are hoping the momo and volume disappear here so they can slow bleed us lower to cover. Once we dropped to $2.87 yesterday, where the big push higher started, someone slapped the ask for about 50K to bring us back above $3 bucks in a hurry. I thought at first shorts may have already started covering, but as long as retail sees the price movement north and volume returns to normal, they will do their best to slow bleed us lower. We need retail to hold tight and buyers to step in to force the price higher to in turn force them to cover. If not, these dirty pr*cks will continue their f*cking games!
PokerStar
Another good volume day and looks like maybe some short covering already began. Big bounce back to the $3.20 area with 80K volume so far. Hopefully this continues and forces these dirty douchebags to cover and get us back over $3.50!
PokerStar
I knew damn well the shorters were letting retail buy the crap out of this until the bid support was light, then swoop in and dump over 100K into the bid to kill the price and momo. Same sh*t, different day. 4 solid heavy volume days to get us to the $3.75 area and a whopping 20 minutes of dumping to kill all that hard work. Now watch them slow bleed this on light volume for the next few weeks to cover. Their bullsh*t tactics should be illegal. Where is the SEC ??? Probably in the shorters back pocket. Funny how the rich get richer on the backs of retail, over and over. Sickening....I hope there dirty pr*cks rot in hell.
PokerStar
I knew damn well the shorters were letting retail buy the crap out of this until the bid support was light, then swoop in and dump over 100K into the bid to kill the price and momo. Same sh*t, different day. 4 solid heavy volume days to get us to the $3.75 area and a whopping 20 minutes of dumping to kill all that hard work. Now watch them slow bleed this on light volume for the next few weeks to cover. Their bullsh*t tactics should be illegal. Where is the SEC ??? Probably in the shorters back pocket. Funny how the rich get richer on the backs of retail, over and over. Sickening....I hope there dirty pr*cks rot in hell.
PokerStar
Yes they are....and if you watched level 2 going into the close, you would have seen when we traded between $3.50 and $3.55, all the bids disappear in the last 15 minutes. There were 10-15 cent spreads and the amounts were a few hundred shares per bid. 1 trader dumped a couple of thousand shares into the bid @market and the price went from $3.50 down to $3.24. I know Brian's buyback program isn't allowed any buying in the last 30 minutes of the day. I'm wondering if it's someone from the WeBull group that dumped a few at a bad time or if it was a setup? MMs are known criminals with their actions on this ticker but who knows for sure. Heavy volume again today with solid gains, even with the end of day nonsense. We had a buyer swoop in and bought like 50K and in doing so, raised the price from $3.40 area to $3.75 before the end of day games. I'm hoping we open around $3.50 tomorrow and continue to move higher towards $4 bucks, so end of the end of day sellers will be kicking themselves for selling off.
PokerStar
Wow, wow, wow....32K bid @$3.64! Here we go boys!
PokerStar
Yep, no doubt in my mind! On another note, even @$3.50, we are not even trading at 1X our combined earnings with MeridianBet! Most gambling stocks are years from profitability, yet GMGI is already profitable as well as MeridianBet, our acquisition! I remember a couple of years ago where gambling stocks traded at 5X earnings and more. We could see a real big move north here, in my opinion.
PokerStar
You may be right....bunch of dirty pr*cks!
PokerStar
Lol...like I said, I think these dirty MMs or the shorters are watching this blog and my posts. As soon as I mentioned the sky is the limit here with price...then someone dumped a pile into the bid, droppring the price from $3.54 to $3.28. Fools!
PokerStar
My gut told me that we were close to a breakout. After 3 days of heavy trading with gains being held, I had a good feeling for the first time in 18 months. I bet there are some that entered in the last few days that are contemplating selling already because they are already up 40-75%, but the sky is the limit here with such a small tradeable float. I wouldn't even consider trading down here, considering we traded as high as $14 bucks before we were even trading on the Nasdaq!
PokerStar
Good plan....mine were already set at $8.50, but just moved mine up to $12. I'll reevaluate that price again once we get closer to that and the acquisition's first quarter is released.
PokerStar
I don't give advice on trading....lol, but a good call. It's almost like the dirty MMs or the shorters watch this board and as soon as I post something positive, they start selling into the bid and dropping the price. I have been so discouraged with the price action here for months as we've grown so much, increased profits, became leaner and are now on the cusp of a 100 million dollar profitable acquisition, yet we've been trading near all time lows, where we traded when everything accomplished here was just an idea. Nothing made sense regarding the price, and the last 4 days of heavy volume trading is proof that the price was artificially dropped to allow for heavy accumulating. Hopefully the trend continues and this really explodes when the acquisition is finalized!
PokerStar