It is becoming apparent many penny players don't really use fundamentals or the quality of a company as part of their decisions to buy. Flippers or simply inexperienced perhaps. Very possible many don't find "GMGI" exciting, in that it lacks any pump or simply the typical hype.
Case in point, I observed a company run from 6 to 7 cents this morning on a paid pump. The company is gods gift to the construction industry. They make NO money, have no profits or revenues, are NOT fully reporting. Have warnings on the OTC and Yield symbols. Of course it will give the profits back soon, and most investors will probably loose. A few will scalpers will profit.
Nothing wrong with it, there is money to be made in flipping, short term, scalping, etc. But most players loose. A vast majority loose. The vast majority of professionals loose.
GMGI Golden Matrix is an "exception", a rare company that is actually generating large revenues, month after month, quarter after quarter. A growing company, that is reducing debt, expanding, and has money in the bank. Real fundamentals that penny stocks don't normally have. Certainly none in this price range. Great technicals as well.
GMGI has the potential to blow past a penny in an afternoon. Then run to 2 or three cents within days. Then people will chase it, paying 10x todays price, and thinking they got a deal. If GMGI simply keeps doing what they are, they will be on the QB or QX early next year. Those markets expose them to institutional money and the whales. Pennies to dollars in those markets are a reality, not just bull. Yes, these are my opinions, but I do have a lot of experience. Do your homework.
I constantly look for "real" companies that sell for pennies. They are exceptionally rare. When you actually find one, they can change peoples lives. When something you Buy for a penny sells for a dollar (and you tucked away a million shares). For as long as GMGI continues to grow and perform, I will be accumulating. Hey. do your own DD, I have and I am still a buyer.
