This week’s moves have very little to do with the company and its prospects, and more to do with opportunistic plays (and rather obvious ones at that) on an early growth story. GMGI is indeed a growth Story. There is an obvious passion with management to grow this company in a constructive, responsible manner. I’ve seen over the years many companies trying to jump on market trends, force their stock onto the market and call themselves whatever and however in a kind of corporate short term gold rush which more often than not ends in pops, a scramble for funding and a life time on OTC. My gut tells me, and my research to date encourages me to look at GMGI in a very different light. This is not a 3mo, 6mo race to the finish. These are life-long industry veterans, they know what they are doing and they know who they need to do it with. They have relationships in Asia that will be the envy of many US-centric peers. This is building a real, sustainable revenue orientated company to compete with some of the very strongest names in the space. The pedigree of its management and committee are second to none and the relationships are already proving extremely beneficial.
The fact that revenues not only grow, but in this kind of model are very consistent month after month, quarter after quarter, year after year are extremely important. They fundamentally underpin the value of the company and from there it simply becomes a question of scalability, which in a world which is growing online e-gambling, e-sports presence is a VERY attractive proposition. Their foundation in Asia is a huge feather to their bow and offers the investing market a unique multi-regional play going forward. As many of the big players are scrambling around trying to get a presence online, they are also salivating about broadening out into Asia whose market is just monstrous. That and the e-sports, P2P, Nasdaq are all obvious bellwethers for this stocks future.
In this day and age specifically it is very enticing to flit around opportunistically and ride rollercoasters but it is the long term investors who will make out the best here, especially those who can calmly seize fleeting opportunities like these.
Make the most of the opportunities presented as the trend for GMGI’s growth looks very, very strong
