Replies to post #48793 on Good Gaming Inc (GMER)

[nit2win]

Unfortunately, the OTC doesn't necessarily reflect market valuation in the price of a company's stock.

However, it seems to me that everyone invested in GMER will stand to do very well should the operations be successful.

[hotlinktuna]

Re: Incorrect stock valuations poincianamike, I am in another penny stock trading at .41 w/market cap of $107mil and yet they own stock in a company they helped finance that recently went public which now trades for $26 and this .41 company owns 6.34mil shares of the $26 company??!! That equates to a cash value of over $164mil.....that makes the rest of the .41 company worth a "NEGATIVE $57 MILLION!! And the rest of the company is surely worth several $mil. at the least.

Just wanted to share how terribly OTC stock valuations can be very messed up and for longer periods of time than imaginable!! I will remain in GMERD because it's in a very hot area of gaming touranments for CASH/PRIZES for which gamers pay entree fees....and because the company has moved to offering "premium" memberships with fees vs the previous free only memberships, and finally because they are growing, which should bring in more revenues and imho eventually net profits which will warrant higher stock prices than the present. Just some of my thoughts...best to all longs and for those who think the stock is a pile of s__t, please do the rest of us the favor of enjoying your absence!!! Thank you all...