Golden Matrix Group Inc (GMGI)

[KingsKnight]

Think It's Got Legs

Let's be realistic, markets are highly irrational [anyone seen OSTK run in the last 5 months??] There is no rhyme or reason why a stock can catch fire & take off. If the metrics behind the moves are solid, no one can account for how much it may move. You can name 100s of stocks with way over inflated market caps. This has been a good, non frenzied run. I am waiting for the first 1M volume day, when this float gets churned... We shall see.



Quote:
This is a tame run so far, no 20% updays, but seems today is setting up for one of the biggest %gain days.


I'm torn on this one. Is today just setting up a sucker's rally or is it just becoming more obvious that the stock is a virtual lock to uplist and the price tag that brings with it?

Today's spike feels too fast. Suspect it's the sucker's rally. Bunch of newbs will get shaken if we have a retrace back to $5.20. It's ballsy to try if that's what's happening.