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Bullboard - Stock Discussion Forum Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Gear Energy Ltd. is a Canadian exploration and production company with heavy and light oil production in Central Alberta, West Central Saskatchewan and Southeast Saskatchewan. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its properties include Celtic/Paradise Hill, Saskatchewan; Wildmere Area, Alberta... see more

TSX:GXE - Post Discussion

Gear Energy Ltd > Skillful wash trading example presented
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Post by lovehockey on Sep 29, 2023 4:12pm

Skillful wash trading example presented

Since some dubious characters on this board started attacking  me personnally I feel I am doing the right job - hitting them exactly where it hurts. I will try to expose the work of washtraders with Gear Energy.

Look at this example. In the last seconds of the session an Anonympus buyer grabbed about 70k shares from the Ask side. However right @ the bell a definite wash traders sneaked in a 500 share trade to the Bid side and as such the stock closed at 88 cents. 

I will continue doing so with more example. Perhaps some regulators will pay attention to these characters. 


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Comment by jleer42 on Sep 29, 2023 4:55pm
I get you are frustrated, but I really don't see you making a difference posting on a chat board. Wash trading is illegal, but it's not like you can stop people from trading. What you highlighted is a trade between TD and Morgan Stanley brokerages, you have no idea who is actually behind those trades. The only way to address it is through an exchange commision investigation. I think you ...more  
Comment by lovehockey on Sep 29, 2023 5:47pm
It is like a game. It may or may not make a difference but it is really a fun. So don't worry about me I am all good. If you play your game long and get frustrated then you shouldn't be in this.
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