Replies to post #51608 on Golden Matrix Group Inc (GMGI)

[BRITT2575]

Thanks for the tip!

[roger wilco]

There are no retail shorts on GMGI (Sorry wrong exchange)
But.... if you notice the DTC count and the Dated Float information are out of sorts....

This means there are approximately 1.2 million more shares diluting the market price than there was at the beginning of 2020.


The share price is decreasing due to more shares in the market!

Outstanding Shares 23,771,031 09/20/2021
Restricted 10,536,932 09/20/2021
Unrestricted 13,234,099 09/20/2021
Held at DTC 12,329,483 09/20/2021
Float 11,560,390 11/30/2020

Sorry Charlie, No shorts like us, just price dilution due to increased share structure!


IMO: Take the dwarfs advice... They are right.