Golden Matrix Group Inc (GMGI)

[KingsKnight]

Great Stock/Company/Sector...But..

With all the gains running around on OTCs right now, it's hard pressed to find bodies wanting to put up the funds for a low percent near term gain.

When it was climbing in April to Sept the buyins fit an OTC market issue & it paid percentage gains handsomely, but now its gotten into that zone of being a bit too high end to attract many. Volume has flushed, and with the share structure you can't project that heavy volume days [500K/1M+] will come.



It's in a 7 week downtrend, that's 30+ trading days. Significant in that it's not faced that level of decline since the June 26th R/S or even further back to March

Here's hoping it does get those legs again, if you look at ticker GMBL, they have a lower share count than GMGI [13M vs 21M] and on the NAS exchange they manage to do on average 350k daily volume.

So let's see how this downtrend plays out this week. Hoping to see a break upwards in the weekly charts.