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Me too. I think I'll buy millions over the next few weeks. Why not?
I guess we'll hear about the RS today. They never post PR's on Friday. Should go sub .000 today.
I agree with you. Good luck
You would thinks so. But this stock never seems to move much. I am very happy I own a bunch. !!
Board meeting and end of summer, what does that tell you. If they do a RS, all the shorts will diffidently make money. And all the longs are.., you know.
3,000 members, big deal ! I have more friends then that on Facebook.
Down 66% at one point yesterday. After the RS it should drop an other 66%. Then Glen will move on to the next start up and say, "It's in the best interest of the shareholders".
They are snake oil salesman. They do it over and over. Watch, they will walk away from GG soon and buy an other start up. Which is ok, you just have to get out of the stock early.
PPS goes down after a successful tournament. After this weekend it should be down big time today.
What if at the meeting the board decides to close the doors of GG and buy yet an other start up. Might not be a bad thing.
Anyone know what day the meeting is this week ?
I sold most for a profit. Still own some in hopes that they bring in new a management team.
I sent Vik an email asking him if he is planning a RS. This is was his response:
>>>
>>>> On Sep 8, 2016, at 12:23 PM,
>>>> "corporate@good-gaming.com<mailto:corporate@good-gaming.com>"
>>>> <corporate@good-gaming.com<mailto:corporate@good-gaming.com>> wrote:
>>>>
>>>> NO, eventually yes, not now. If you guys don't like it sell the
>>>> stock.
>>>>
>>>>> Are you going to do a RS?
>>>>>
>>>>> Sent from my iPhone
Hope there is no RS.
Do you really think, Oprah and Sharks are interested in OTC companies that trade in the sub sub pennies? Run by the likes of Vik and Glenn.
It's not off topic. Vik told me there will be a RS, not now but in the future.
Google: "Is a Reverse Stock Split Good or Bad?"
"Reverse stock splits boost a company's share price. A higher share price is usually good, but the increase that comes from a reverse split is mostly an accounting trick. The company isn't any more valuable than it was before the reverse split. Whatever value it has is just distributed over fewer shares of stock, thus increasing the price. So a reverse split can generally be taken as a bad sign for a company."
Source: http://finance.zacks.com/reverse-stock-split-good-bad-2298.html
The facts are; the only why the PPS can go down is a RS. The only way it can go up is new management. We'll see if I'm wrong. Vik and Glen don't have a good track record. Do they??
Just my gut feeling.
I'm betting the RS will be 1 for 1,000 leaving room for the price to drift back to low pennies.
Has anyone on this board ever seen anything good come from a RS?
I hope you're right. That would be nice.
Maybe at next weeks board meeting the board will approve the RS.
I'm waiting for your post.
That would save this company for sure!!!!
Last night there was a counter on the top of the site telling you how many people signed up for this weekends tournament. Now it's gone. I wonder Why?
I agree Greedy. Tournaments only drive the price down. We know the platform works, now lets make some money with it.
Funding. If not we will not survive. I don't how many tournament they do.
Not a good combination.
Just interesting to me why there is no volume. Might be a good sign. But who knows.
I'm waiting on Funding or Partnership. Tournaments only hurt the PPS.
The platform and the tournaments seem to be running just fine. We need the funding to bring it to the next phase and we need it now!
I think we should hit 5,000 members in a week or two. But the PPS won't move up until we get funding.
That's a good addition. I like the fact you can see how many viewers there are (50). Now they need to sell advertising on that screen, since people will stay there for hours. I'm sure Vik is working on that.
With that said, I'm still betting the PPS will go down tomorrow.
Funding is what we need!!!! Looks like today's tournament is going ok. The bad news is every weekend they has a flawless tournament the following week the PPS goes down. This has been the trend the whole summer.
What am I wrong about?
Your answer is: There is no revenue.
There is no reason to invest at this time. Wait until after the RS or new. management. You are right the PPS is down 80% this summer. Just hold onto your money.
What GG needs right now is Funding!! Not a RS.
Yesterday was an up day, I was wrong. Today we should close down.
It is over. Vik blow it.
They need an other round of funding.