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Gary 608

09/03/20 10:59 AM

#48089 RE: combackid #48088

I think they are foolish not to hold longer to cash out on the gold.

Redrock804

09/03/20 11:37 AM

#48092 RE: combackid #48088

I think you may be wrong. We have seen this many many times over the past two years. The stock simply needs time to cool off. Pretty sure most of us who have been here this long are holding out for the big boards. Also, people who have been here this long would not be selling with no volume and on down days.

I remember one run we had the stock double and the MMs played games and took it right back down. People called it a pump and dump. The same was true then that is true now. The company is growing and fundamentals are there and that is why many of us long have been rewarded. We ignored the noise and focused on facts. This was very hard for me to do. I was very negative for a few months on this stock. Staying long proved to be a good choice and if you are able to sit on the stock, it will most likely pay off.

IMO, this is the result of people getting hyped and buying in to GMGI because it was running and now they see the next runner and taking money to lose on it. That is the cycle. It is pretty useless to watch this stock hourly at this point if you are truly long. I will not even consider selling until we enter the US market. 7 dollars will look cheap this time next year w/o a merger.

IAmTopG

09/03/20 12:33 PM

#48096 RE: combackid #48088

I am still here. It appears ST, Dadoff and others still here.

I do think that this is way overstretch. If you look at the analysis, we were at PE of 100 ish. We cannot assume that we are getting to the same price as GAN. Coz their revenue is simply larger though they are not making profit. Amazon ran because of expected revenue increase back in the days..they commanded such a high price though they were not making money

Part of me is hoping to have sold at 7.xx but I am also waiting for news of P2P product release as well as uplisting.

The other component of this is GMGI is easily manipulated stock. When demand is low, they knock it down easily and we see this multiple times. Same movie just different timeline

We do need news of product launch though imo. I think its over due