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Thursday, September 03, 2020 12:33:15 PM
I do think that this is way overstretch. If you look at the analysis, we were at PE of 100 ish. We cannot assume that we are getting to the same price as GAN. Coz their revenue is simply larger though they are not making profit. Amazon ran because of expected revenue increase back in the days..they commanded such a high price though they were not making money
Part of me is hoping to have sold at 7.xx but I am also waiting for news of P2P product release as well as uplisting.
The other component of this is GMGI is easily manipulated stock. When demand is low, they knock it down easily and we see this multiple times. Same movie just different timeline
We do need news of product launch though imo. I think its over due
Recent GMGI News
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