RE:RE:GENM TSX June 9 Good catch, Rainyday. #65 is not a retail trader as we've seen him trade DRK lots.
He was buying heavily in the .80s in February and in the .90s-1.07 range in March (never selling).
He started his 3:59PM trades on March 18, but at the time buying the end of day up a penny (as opposed to now selling down a penny at 3:59PM.
He kept up with this strategy through April and into May (for example, he bough 115,500 shares at .94 at 4PM on May 4).
It was only on June 7 that he switched strategy and began to sell down a penny at the end of the day and has done so now for the past 3 days straight.
Unless he has bags from a few years ago, I think every one of those trade is likely at a loss.
As far as I am concerned, 65 is now abusively trading GENM with this end of day strategy, but I'm not certain that they are the original bad actor/short trader plaguing GENM for months (maybe years?). He could be in leagues with them, I simply don't know.
65 may just be a copy cat getting in on the action hoping to drop the price by a lot only to make a large purchase when the price is "right".
It's like anonymous and 65 were battling each other at 4PM today to see who would get the credit for dropping the price by a penny.
What ever it is that they are doing (like short selling microcap stocks) should be banned outright.