Golden Matrix Group Inc (GMGI)

[BRITT2575]

If you were watching the markets today it was a tough day to watch. The NASDAQ was down 1.25% at some points and GMGI closed down 2.9% at a low price of $6.33 , why do I say low? Well if you look at the chart we are majorly becoming oversold as the RSI is now under 37???, and the MACD is now running in negative territory.

I’m guessing everybody here has already added what they wanted. I get asked on the daily, “why are we going down?” Well, more sellers than buyers???. Let’s remember , not everybody here is a long. Some don’t mind paying the higher short term capital gains taxes(Selling in less than 1 year) ?, And they jump from one stock to another hoping to catch gains faster?. From my experience this doesn’t work too well in the long run. This is why most investors end up using their stock market investments as a write off towards the regular yearly income. Investing takes “PAY-tience” you need to take the bad with the good?. From what I can see over the past months here it’s actually all been good. Loved Fridays news, It shows the company should continue to grow strong. I think eventually the share price will reflect all of the new growth and partnerships.

Maybe some people have been selling because they don’t think Golden Matrix will make it into the NASDAQ???? Well from how I understand it, they don’t decline any companies as far as I know. They have an examiner and they work with you UNTIL you are ready for the Nasdaq... They are very tedious and make sure everything’s hundred percent up to par and in their format the way they want it to be “NASDAQ Ready” If it was so easy to be on the NASDAQ everybody would be on it.

How close are we? I honestly have no clue and I would just be guessing like all of you guys?. Could be tomorrow, next week?, next month etc...

All I do know is that Golden Matrix the company has been making big moves, new partnerships, new licenses, and increasing their revenues nicely. Just because the stock price doesn’t move the way you want it doesn’t mean the company isn’t growing and making moves. You need to ask yourself if you are a believer in the company or not? If you’re not, why are you here? I myself am a big believer, and I’m a new long here. I Will be holding this for years to come as this sector booms long as Golden Matrix keeps doing what they are doing now. The sector is so popular right now there are companies looking into doing IPOs for raising funds to purchase companies like golden Matrix to take advantage of this market. The state of New York is getting ready to legalize as well. This whole sector is making big moves. And I’m glad to be holding onto GMGI.

I have never told anybody to buy, sell, or hold, but these prices have been insanely LOW in my opinion, as we weed out all of the impatient sellers prior to the pending NASDAQ uplist.

I hope you all have a good night. Let’s see if the overall markets have a better day tomorrow, and if we can have a better day tomorrow.