GEX Management Inc (GXXM)

[SeatonBM]

MY GXXM SITUATION ANALYSIS:

It's important we hold that $0.0007 line today, and almost as important we close at or above the 20 day MA at $0.0009... Priority 1 goes to holding $0.0007 and not tripping the bullish PSAR... I like that the LEVEL 2 cleaned up some sine the dump this morning (currently BID x ASK is $0.0006 x $0.0007 and 34.8 million x 20.5 million), I was impressed by the ASK slaps against MAXM, but discouraged by the immediate disappearance of the $0.0006s when MAXM dumped... Also... WTF was that this morning... MAXM was pretty aggressive and disappeared, came back, dumped more than normal, changing block sizes constantly, and occasionally wasn't even hiding what he was holding, disclosing how much he had to sell... but would go back and forth between that and hiding behind endless blocks... That was weird, I've never seen any of that before... But all and all we held up...

I was also impressed that no $0.0006s sold until MAXM dumped when MAXM was being slapped to hell on the ASK at $0.0007... I was also impressed no $0.0005s sold despite all this, and that we're holding the same low so far as yesterday - though yesterday we sold far less at $0.0006 than today (if I remember, not even a million shares sold at $0.0006 yesterday)...

Anyways, also the bullish PSAR is at $0.0005 right now and rising by the day, if this falls to that, it'll trigger a bearish PSAR that'll begin at $0.0013 and fall by the day...

There was a Bearish Harami Cross left on the chart yesterday... But I don't know how seriously to take it.... Obviously today wasn't pretty thus far... But it is shaping up to look better should we get some more volume in the rest of the day...

Also,speaking of volume... There was quite a lot of volume, we might have or are about to set the new record in volume (set Wednesday 5/22/2019 at 235,874,610), though I do suspect just under 108 million of today's volume was counted twice with that cross trade... When those cross trades came through the share blocks on the ASK and BID did not change, they were almost like T trades, but were counted towards the overall volume... The issue there is, as MAXM early was getting ASK slapped and then dumped to the BID, that volume counted too... When MAXM finally left those cross trades appeared as representation of the damage MAXM laid upon us... The "cross trade" you saw was the number of shares MAXM got slapped for on the ASK, and the number of shares MAXM dumped to the BID... So when the actual shares traded, they counted towards the volume, and then when the finally tally appeared (again, it did not affect the shared on the BID or ASK at that time) those shares got counted too... So the counted twice... So I believe our real volume is almost 108 million below what it says it is... And the TD Ameritrade phone app shows the same when you look at the chart...On the overview tab it show 234 million volume today so far, but if you look at the chart tab for a daily chart with volume showing, the chart shows the volume is less than that:


https://pbs.twimg.com/media/D7WW5a7XYAI0Ark.jpg

Though everywhere else I look the volume is around 234 million as I type this...

is still intact, but we can't sustain too much more sell offs and dilution dumpage or it will bust... It is kind of hanging on by a thread...


https://pbs.twimg.com/media/D7WXoPLW4AA0Hir.png

The good news so far is that it appears that the 20 day SMA and the 50 day SMA are officially moving sideways and looking to turn upwards....

We need the dilution to stop... Hopefully some news is actually on the way... And some more buy volume as well...

So... Priority 1 is to not trigger the BEarish PSAR and hold $0.0007s into close or higher... Priority 2 is to get to or above the 20 day SMA at $0.0009....

Again, I am limited to 1 post a day, this is it... You can find me on Twitter at

https://twitter.com/BMSeaton

And as always, ignore the noise here... Same stupid stuff keeps getting repeated, it disappears when the stock makes any bullish move, it comes back almost all at the same time when things look bleak again, Nothing good is ever acknowledged, etc... You can tell the motives of those trying to bring fear...

I will note however, with recent dilution this is what see the OS as being:


https://pbs.twimg.com/media/D7WceeYW4AAedgZ.png

MAYBE add another 11 million'ish that MIGHT have been dilution on Wednesday... I didn't record it and ignored it because I didn't see MAXM or any other dilutor on the LEVEL 2, but Wednesday 5/22/2019 I think it was I did see what appeared to be a 11+ million suspect trade on the trade log.... I don't think I saw any dilution however bwetween Wednesday 5/22/2019 and 5/20/2019 or even honestly since the OTC-QB certification filed 5/16/2019 that confirms the same thing as the 10Q filed 5/20/2019 (that the OS was 789,425,581 then only the OTC-QB file specified the float and you had to add the restricted shares to it as listed on the OTC Markets website under the Security Details tab for GXXM)...