RE:market actionWelcome, dealsonly. I like your nick.
If you go back further, you'll find what you've seen in the past few weeks, has actually been going on for several months with GENM.
I totally agree that this could be potential financiers looking to sweeten the deal and squeeze as much out of GENM as possible.
That said, I don't think they are not the only players toying with the GENM stock price.
It was nice to see the reduction in short positions in the last IIROC report.
It's unfortunate that the rules, low volume and the overall market situation allows the big money players to work the system this way to the detriment of retail investors.
I don't blame them for it, since they are going to put their money on the line, but I wish it was more transparent.
Keep your eye on GENM trading patterns and let me know if you see anything I might have missed.
I'd love to hear your views on the strange ways sometimes that orders are sent to the alternate exchanges, helping those with various agendas to work the system further.
Thanks for your post and your analysis. You brought a lot of value to this board with your post.