Business does not matter for penny stocks (or low priced stocks) in the short term. Long term, without a solid business, penny stocks will erode & evaporate & usually wind up in the dust bin of history or tossed around like hot potatoes between hypsters & shell peddlers. GMGI is up over 100% in a year, so they certainly must be doing something right to attract investors. Why hasn't GMGI gone all the way back to .0015? .0013? triple zeros like predicted-ANSWER-GMGI has a SOLID business, with growing revenues & profits-so yes, in the long term, business absolutely 200% matters-PERIOD.
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