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Golden Matrix Group Inc

Golden Matrix Group Inc (GMGI)

3.935
0.155
( 4.10% )
Updated: 13:41:34

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GMGI Discussion

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PokerStar PokerStar 3 days ago
Wish I knew. I really felt like after yesterday this would take off higher today. By the way this is trading today, it sure looks like a lot of that volume we saw around the $4 dollar range were sold short. I think a lot of the shorting is going on by dirty MMs that also tried shorting this in the $3.50 range. I think they are manipulating this lower again to cover their shorts. All in my opinion but from watching the tape, it sure looks like it to me. Relentless selling in the $4 range yesterday afternoon and all morning today, then as buying slowed, they dumped a few thousand shares into the weak bid to drop the price to $3.86. Still think we will continue to see this run higher in time. Hopeful since breaking above the 52 week high. Since then, we are seeing higher lows and higher highs and maintaining above the old 52 week high of $3.75, which I think is a positive, and all that on heavy volume. So yeah, I think we are just a small end of day buying spree to see more new highs today or next week.



PokerStar
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Gary 608 Gary 608 3 days ago
When are we going to wipe these mother fu***s out?
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PokerStar PokerStar 4 days ago
I'm with you brother....higher highs and higher lows is the secret for sure. I'm just feeling a surge coming. Haven't seen this kind of volume and interest here for a couple of years. We all had a pretty good feeling that once the merger with Meridian Bet was closed, we'd start to see more interest here. It was somewhat delayed and because there wasn't a huge amount of initial buying and the price was weakening, I wasn't very surprised that shorters manipulated the price to the $2.20 area. Things have really been strong though since that day and I'm seeing more strength in the coming weeks. IMO.


PokerStar
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Eddo1976 Eddo1976 4 days ago
I’ll take this higher lows and higher highs compared to what we’ve experienced the last couple of years. I like seeing my GMGI balance going up again after averaging up at $2.25, and $2.61. Kicking myself for not grabbing 1500 more in my IRA at $2.70 a week or so ago.
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PokerStar PokerStar 4 days ago
Another solid day with 190K volume and a nice little uptick following some more serious consolidation in the $3.85-$3.95 range. New 52 week high of $4.19 where we should have closed had there not been some light volume manipulation that dropped the price from $4.10 down to $3.85 in a matter of minutes around 3:20. We recovered from there pretty quickly with good support at and above $4.00. With tomorrow being Friday, I have no idea how the trading day will play out. I've seen a lot of the flippers take their 20 cent gains and run, and I've seen solid green Fridays as well, but much fewer than the weekend dump and run beer money selloff. Still feel more optimistic about us getting greener tomorrow and I'm going out on a limb right now...I'm predicting solid green and would not be one bit surprised to see us reach $4.60-$5.00 tomorrow with some more serious buying. We've had 2 big volume green Tuesdays in a row now and I'm betting we see a lot of folks jumping on board or buying more before next Tuesday rolls around. All in my opinion, but feeling positive!


PokerStar
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PokerStar PokerStar 4 days ago
A whipping 4K shares dumped into the bid dropped this all the way down to $3.62??? Give me a break. More MM manipulation to cover their short position. They're really trying to kill the momo here! Unbelievable!


PokerStar
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PokerStar PokerStar 5 days ago
220K volume today. 41K more buys than sells, yet we're down to $3.80. Might I dare to say a good day of consolidation and short covering by these dirty MMs and group of sellers. Still closed above the 52 week high of $3.75. Good sign in my opinion. I have a feeling new high incoming tomorrow. Solid trading day today and I'm confident we continue to finish the week off strong. All in my opinion of course!


PokerStar
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PokerStar PokerStar 5 days ago
Well...this is all in my opinion only, but with 136K in volume today and trading in the $3.82-$4.06 range, I believe this is a good consolidation day. I saw that 60K were shorted yesterday so, again in my opinion, this day has given the shorters a chance to cover a real bad bet with us closing above our 52 week high, and given those short sighted profit takers off the bus and reloaded with new money. I think this run is just beginning and I can see us having elevated volume continuing. We shall see but I'm feeling more bullish than I have in a few years.



PokerStar
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PokerStar PokerStar 6 days ago
I hope not neither. Usually a break signals huge upcoming buying in here. Can't see shorters allowing this to break 52 week high. Hopefully a huge run coming our way. Trading these last 2 weeks seem somewhat different than the past 2 years, in my opinion. I guess we'll see tomorrow if I'm right about being bullish here for the first time in about 3 years. We are more than overdue for a nice run here.


PokerStar
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PokerStar PokerStar 6 days ago
Yes...great job today! Good solid volume and 52 week high broken! Normally a close above a 52 week high sends out alerts to all those chartists out there and usually triggers follow through buying and the beginning of s huge run. We've been waiting a long time for this. Hopefully the dirtbag shorters and dirty MMs allow this to run the next few days. We could very well see a tun to $5 bucks or more. Very happy to see the merger starting to show some real traction on exposure and volume here. Happy trading my friend!


PokerStar
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Randyfloyd420 Randyfloyd420 6 days ago
Probably. But let’s hope not. If it does drop back to 3 or high 2s I’m gunna get some more. My avg is 2.76.
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Gary 608 Gary 608 6 days ago
Hopefully this isn't a shorter's build-up to sell in the next few days.
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Randyfloyd420 Randyfloyd420 6 days ago
No comments on a day like today???? This is like a 2 year high today.
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Randyfloyd420 Randyfloyd420 6 days ago
Let’s f-ing go!
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Gary 608 Gary 608 7 days ago
Or we will chop their dicks off.
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PokerStar PokerStar 7 days ago
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
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PokerStar PokerStar 1 week ago
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
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PokerStar PokerStar 1 week ago
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
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Gary 608 Gary 608 2 weeks ago
Low Life peanut grabbers.
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PokerStar PokerStar 2 weeks ago
Yep...some here can't stand prosperity!


PokerStar
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Gary 608 Gary 608 2 weeks ago
Selling spree has started this afternoon. F'in retards.
Had a good buying spree in the morning
It was up to 3.39.
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PokerStar PokerStar 2 weeks ago
As I expected...they tried to put up a big block of 25K to entice selling or to slow down the upwards pressure at $2.97-$3.00, then at the close we saw a 5K block bought at $3.05 go through as an after hours trade. Good vibes going into tomorrow with another solid 73K volume today with about 75% bought on the ask. Maybe the run we expected is just beginning...we surely can at least hope!


PokerStar
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PokerStar PokerStar 2 weeks ago
Normally when a big block like the 25K we see on the ask, it would cause a few to sell into the bid. Now we're seeing people slowly buy it up. Wouldn't be surprised to see a big after hours block sale show up after close today. IMO.



PokerStar
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PokerStar PokerStar 2 weeks ago
Maybe...just maybe the run we all expected when the merger finally closed is about to happen. Someone put up a 25K block up @ $3.00. It appears to me there is possibly still some loading the boat ongoing. We'll see I guess, but I'm liking the response to them knocking the price down to the $2.20 area a few days ago. Still need some big volume on the ask to get this really moving north.



PokerStar
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Gary 608 Gary 608 2 weeks ago
Something is going on with all those buying shares
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PokerStar PokerStar 2 weeks ago
So.... everyone still believe that the merger news release that brought the price down to $2.20 was due to people selling off here because the news didn't bring a pop in price? This is what happens when shorts and a group manipulate the price to buy back cheaper. The value in the stock went up significantly after the merger, yet a concerted effort caused a 25% haircut to the share price. Nope...no manipulation going on here...lol

PokerStar
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Randyfloyd420 Randyfloyd420 2 weeks ago
Something needs to happen. This is pathetic
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Gary 608 Gary 608 2 weeks ago
Either big investors have to start buying or Brian has to buy a bunch of shares to get rid of these turd shorters.
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PokerStar PokerStar 2 weeks ago
It's more than possible. Something here makes zero sense. It's like owning Trump's stock and watching it lose $3-$4 bucks daily. Where she stops....nobody knows!


PokerStar
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ThreeFromTheTee ThreeFromTheTee 2 weeks ago
I honestly never thought I could possibly have the opportunity to add at sub $2 like last June! It is heading in that direction!
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ThreeFromTheTee ThreeFromTheTee 2 weeks ago
Like catching a falling knife!
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Randyfloyd420 Randyfloyd420 2 weeks ago
F-ing joke
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Gary 608 Gary 608 2 weeks ago
There are even classes that teach you how to short these stocks.
I think that's why there are so many people who turned to shorting for a day's profit.
It's not investing anymore . it's day trading.
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PokerStar PokerStar 2 weeks ago
We have been the target of short sellers here for a couple of years now. It doesn't help that a couple of the market makers here short as well in the name of making a market. To show you how corrupt these MMs are, they were showing 6200 shares @$2.45...I ask slapped 2000 shares @$2.45 and as soon as my order went in, the 6200 shares on the ask disappeared and the ask was now $2.51. I waited 20-25minutes and didn't get filled. I slapped the ask @$2.51, got filled and immediately after my order was filled, the price went down to $2.47. Go figure. I ask slapped for $5K then they sold 100 shares to drop the price to $2.47. Yes...these MMs are criminals along with the shorters here. Unfair the way they manipulate the price here.



PokerStar
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Randyfloyd420 Randyfloyd420 2 weeks ago
That kinda stuff should be illegal
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PokerStar PokerStar 2 weeks ago
Another thing the recorded trades show is the likelyhood of just how many shares are being shorted here. We all know there is no way this stock is worth less than $4-$5 bucks yet we see blocks sold into the bid at $2.40. Unless it's being shorted, who would sell down here? It shows they will keep shorting until buyers show up and start ask slapping. They will keep shorting until enough strength from buyers show up and a reversal starts before they stop playing this game.


PokerStar
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PokerStar PokerStar 2 weeks ago
The trades brother....2K bought on the ask and 28K sold on the bid. The trades are recorded on this site. And yes, of course there is a buyer for every sell, and a seller with every buy. It just shows the strength or in our case, the weakness in our trading pattern. Shows that there are few, if any people slapping the ask like you'd see if there were a lot of buyers fighting over shares. Instead, we have sellers unwilling to wait on the ask for a buyer, so they take less and sell into the bid so they can get out.


PokerStar
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Randyfloyd420 Randyfloyd420 2 weeks ago
How can there be 28k sold if only 2k bought. Doesn’t someone have to buy them in order to sell?
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PokerStar PokerStar 2 weeks ago
Don't kid yourself...the pumpers here at that time were pumping and unloading between $12-$14 bucks. One pumper still posts on the Facebook site telling everyone to stop crying about the price....there's no shorting going on....and he's still buying the cheapies. What a joke! Everyone here saw it finally get off bottom in the low $2s...run up to almost $4 bucks before the merger vote....then when it was announced the merger was done a few days ago, they started selling into the bid, grabbing small profits and leaving the actual investors scratching our heads. 30K traded so far today....2K in buys and 28K in sells....but nope, no shorting going on here. Back to low $2s or worse by the time these dirty pr*cks are done. It'll take us months to get back $3 bucks now. So glad I bought a pile more before the merger. NOT!!!



PokerStar
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Randyfloyd420 Randyfloyd420 2 weeks ago
Exactly
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Eddo1976 Eddo1976 2 weeks ago
With how fast it moved up going into the Nasdaq uplist we all thought that. I thought the day of uplist it was going to run to $20+ and I would sell some. Never happened. Regardless I still think this company is worth well more than $2.40.
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Randyfloyd420 Randyfloyd420 2 weeks ago
This is just embarrassing now. Wish I would sold back when it was 14. But nope. Everyone was like durrrrrr this is going to be 20 to 50 bucks and we’re all getting lambos durrrrrrrr
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Gary 608 Gary 608 3 weeks ago
Little interest probably because the true investors don't want to touch this because of the constant daily selling off.
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Gary 608 Gary 608 3 weeks ago
Like I said before, they don't give 2 sh**s about the company or it's financial improvements.
They just want to make the daily bucks..I said that maybe there should be stiffer capital gains tax charged to these flippers.
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PokerStar PokerStar 3 weeks ago
This is the result of little interest here and shorters dumping into the bid. Nothing else makes sense.



PokerStar
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PokerStar PokerStar 3 weeks ago
160K in volume and down to $2.50. This thing is turning into a joke again. The company got 10 times bigger with more revenues and more profits and the share price drops. Nothing here ever made sense and seems to be continuing to boggle my mind. What us wrong with these flippers????



PokerStar
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Gary 608 Gary 608 3 weeks ago
Alot people don't see it yet? The flippers (daily traders) are just caring about how much they can make in a day. News, acquisitions, etc. doesn't phase them a bit. They don't have enough brains to let this climb up. It's just a buy low and sell high game for them each day and they all seem to do it together like a group of buzzards.
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Randyfloyd420 Randyfloyd420 3 weeks ago
It’s a f-ing joke
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PokerStar PokerStar 3 weeks ago
I don't get it. Acquisition completed making this company an over 100 million dollar company and a selloff follows dropping this to the $2.50 area. It makes no sense. Losing patience here as many apparently are with this morning's selloff. P*sses me off that this didn't see an uptick in volume and a spike in price. Same old sh*t....different day!



PokerStar
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Randyfloyd420 Randyfloyd420 3 weeks ago
Wtf is wrong with this stock? Years on Nasdaq now and can’t do anything.
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