Doesn't matter much if the price goes down for a while... when money comes in it's gonna pop huge. It's like fishing out in the ocean... some days you catch nothing, maybe one or two, but then sometimes a big school of fish come through and $h!* gets crazy. That's the kind of attention a company likes this eventually gets when they follow through on their big plans. They have already proven their ability to acquire a large company with positive cash flow, it's obvious the worst is behind them and us as well. But right now, and as it has been the past year, there just isn't much money out there going into OTC stocks, especially companies in the MJ sector, so any upward moves are brief and selling eventually takes over... I've been seeing this all year from many companies, so to many people out there, $GMD is just more of the same. Why? - 1) Revenue and profits isn't on paper yet, 2) r/s is coming, just the same as most OTC companies. 3) How much revenue they report in the next Q's is still speculative. 4) When dilution stops is still uncertain.
The last 3 years I've been trading and watching over 100 stocks in the MJ/Hemp/CBD sector, mostly OTC, there has been a rally in December. Higher volume and buying across the board. Most of the best and worst companies gain 30-50% or even 100s of percents during those rallies. Will it happen again this year? If not, still no big deal, it's only a matter of time for $GMD to get massive attention, so I don't expect to see a market cap much lower than this much longer.
Nomatter what you think or believe, you don't know for sure whether the price will go up or down, so it's not smart to be all in or all out with your money on a stock with such huge potential to grow over 200m+ market cap in a year.
If you plan to sell, only sell some, up to 1/2 of your shares only with the intention to buy at a lower price.
If you plan to buy, put multiple orders in so you get more shares at cheaper and cheaper prices. Accumulation 101
Good luck with whatever you guys do. Personally, I have my accumulations strategy in and whatever more shares I get is icing on the cake, and I'm just simply going to enjoy the holidays and wait it out.
Have a great holiday season.
x100xPercent
