Replies to post #51070 on Golden Matrix Group Inc (GMGI)

[Gary 608]

The chart is healthy

[ThreeFromTheTee]

Based on speculation? Hammer time may come at anytime? Why would people take a short position now? The obvious is the extreme movements, but shorts could very quickly SCREWED!?

[PokerStar]

Does your chart suggest any price manipulation in a tight channel on essentially a measly 125,000 shares traded in the last 5 trading days? The sellers are few and far between. A few that may have just bought the dip from 2 weeks ago and didn't see them double in price yet have lost patience and sold for a few hundred bucks profit and moved on. Actual longs would love to have the uplist already in the rear view mirror but whether it happens tomorrow, next week, next month, hell next year, the facts remain that the company continues to grow, we continue to be profitable, we will continue to grow the cash on hand from the recently reported 13 million and we may even see another huge partnership and/or acquisition take place before we get any Nasdaq update....so other than continued growth of profits and revenues, nothing has changed with the company. While we have had abysmal volume these last 5 days, including today's pathetic under 9,000 share volume, the price is trading in a very tight channel as not everyone is consumed with the Nasdaq uplist delays. Again, every day without uplist news is another day closer. Anyone who has been here for some time are A) not selling one share until well after the uplist happens or B) will sell the day of the uplist when the price more than doubles on the first day of trading on Nasdaq. Whatever the scenario, it all ends the same way with nobody selling until AFTER the uplist! All that is happening now is a couple of low level flippers playing games trying to make a couple of hundred bucks. You know this better than most as you've also been here a long time since pre reverse split. The uplist will happen when Nasdaq gets caught up on their backlog and the price will react accordingly. If there are any more dips, they again will be met with strong buying and a quick return to this trading channel. If we get ANY kind of news, be it Nasdaq or other revenue/partnership news, the volume pours in and we scream past $14.00 with ease on our way to $20.00! But you already know this as well!



PokerStar