Replies to post #53260 on Golden Matrix Group Inc (GMGI)

[PokerStar]

And here comes the flippers dumping into the bid for their weekend cash grab. I fully expected a few profit takers but I expected some follow through buying to help negate these douchebags. So far it's on light enough volume. Still time for buyers to step in a buy this back up to the $3.50 area. If we could close about flat for a Friday, it could set us up for another leg up next week. Fingers crossed.



PokerStar

[PokerStar]

Same old, same old here again. The usual Friday selloff after these shorting douchebags dropped the price to $2.20 then after a nice rebound to $3.50 for the first time in months, they dumped into the bid all day. 68K in volume today after a 297K green day yesterday. I understand taking some profits but we are still nowhere near the true valuation of this stock. With some follow through buying today, we could have broke into low $4s. Maybe we saw some new employees buying some shares yesterday. Not sure why the sexy volume but I'm still hoping for more institutional investing here and hopefully an employee share buying program. Both of those would help bring in new blood and new money.



PokerStar

[PokerStar]

Decent day today with 66K volume...up .24 cents. It looks like the rest of the 10K block @$3.40 that was holding the price in check was bought up end of day. Love to finally see us challenge the $3.75, 52 week high at some point this week. I don't think we see as much resistance @$3.50 like we saw last week. Maybe we can keep the momo going here for a few more days. That 297K volume day we saw last week would be nice to see again to push us to new 52 week highs. Fingers crossed these flippers let it run this time. I doubt they will but we can always hope!


PokerStar