Lol.....who moved on and of those, who sold for a LOSS? The majority of my holdings here were bought before the reverse split and doubled my holdings between $3-$4.50. I'm not going anywhere, nor is smart money that has been loading for months and months between $6-$7. We have confirmed an uptrend and breakout by closing solidly above the $7.75 resistance. We may see them try to take it down to test the new $7.75 support but I doubt that. I doubt there will be anything available under $8.00 any longer. Peeps have been waiting for this to start to move again and I'm sure shareholders with weak hands are long gone. If we strong longs didn't sell for $6.00 when this churned between $5-$6 for months, why would anyone sell now that we are beginning our return to the all time $14 high and beyond. Nasdaq will happen in time and when it does, we know what to expect here as we can use EBET as a good comparable when they uplisted and how the market reacted. Our float is nearly double what they are but we have been profitable for 11 straight quarters and counting and EBET will prolly be years before they are even cash flow positive, yet they traded in the $40s this week. I use EBET as a comparable, but GMGI is a much better investment when it comes to growth and profitability......the price will eventually get there but until we trade on Nasdaq, we are leaving many very deep pocket investors out of the equation.
All that changes on day one on the Nasdaq, as volume will prolly increase to around 200K daily average and give traders more much needed liquidity. We have a great majority of long shareholders that will be adding more from the ask to keep the momentum going and as anyone watching level 2 most of the week witnessed, along with the increased volume since uplisting to OTCQX, was the lack of sellers and some big buyers starting to load now that we are finally moving. Next week I'm expecting we tickle the $10 mark at some point with nothing but increased volume and increased interest. Nasdaq will be a game changer and I pity anyone who decides they want out before the uplist happens......this gem could be life changing for those that built a nice position here. GMGI strong like bull.
PokerStar
