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Bullboard - Stock Discussion Forum Generation Mining Ltd T.GENM

Alternate Symbol(s):  GENMF

Generation Mining Limited is a Canada-based exploration and development company. The Company's focus is on the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario. The Marathon Project is 100% owned by Generation PGM Inc. (Generation PGM), a wholly owned subsidiary of the Company. The Marathon Project is located along the Trans-Canada... see more

TSX:GENM - Post Discussion

Generation Mining Ltd > "100k shares in one go..." THERE'S MONEY TO BE MADE HERE.
View:
Post by AGTCTTWW on Apr 19, 2022 6:36pm

"100k shares in one go..." THERE'S MONEY TO BE MADE HERE.

MESSAGE TO PROFESSIONAL TRADERS WHO WANT TO MAKE EASY MONEY

"100k shares in one go..." 

I've typed those exact words several times in the past few weeks on this board and today the exact same thing happened again to GENM.

We see a bit of upwards price action only for someone to kill the fun selling 100k shares at market to kill any momentum. 

And that this "100k shares in one go" actually happened twice today, a day with only 380k volume, is telling on whoever is doing it and how serious they are about dampening the price.

It will only get progressively harder and more expensive to do so with GENM reaching certain milestones very soon.

These Masterclass-level stock price manipulatiors acting only to maintain the GENM price within a predetermined range obviously have deep pockets and a lot of shares (or maybe they don't, I don't know.) 

They are not untouchable and it would be easy perhaps to ruin their fun. 

The stonkers could probably do it if GENM could grab their attention.

The Consolidated Short Position Report comes out tomorrow, maybe it will help ferret out what is happeing here.

Regardless, whether what is happening is legal or not (or ethical or whatever it is) is a moot point because these "100k shares in one go" GENM traders will certainly have a breaking point.

THERE IS AN OPPORTUNITY HERE FOR SOMEONE WITH DEEPER POCKETS THAN MINE TO COME IN AND CLEAN UP. 

YOU JUST NEED TO DEAL WITH THESE 100K SHARE LOT SELLERS AND THEN PROFIT.  


This 'drop 100k share at market' strategy works so well with low trading volume stock such as GENM that it has effectively kept it from reaching a more appropriate and true value (by any other measure including cash on hand.  Tens of millions right now, btw.)

GENM has been manipulated to remain below or just above a dollar for MONTHS.

This speaks to the value of GENM that no matter how low the traders drop the price, they know that is safe to do so as it will rise again just on the strengths of the fundamentals.

Here are a few reposts.


April 12, 2022 - 01:49 PM
42 Reads
Post# 34597667

#1 anonymous dropped 100k+ shares

...in the span of 20 minutes at 12:37 (accounting for about half of all volume to that point today.)

12-Apr 12:57:16 PM 0.99 8200   2 1
12-Apr 12:57:04 PM 1.005   DRK 65 1
12-Apr 12:57:04 PM 1 100   65 1
12-Apr 12:57:04 PM 1 700   79 1
12-Apr 12:57:04 PM 1 4000   7 1
12-Apr 12:57:04 PM 1 86100   2 1
12-Apr 12:54:07 PM 1.01 100   65 1
12-Apr 12:48:35 PM 1.01 100   65 1
12-Apr 12:43:06 PM 1.01 100   65 1
12-Apr 12:37:07 PM 1.005   DRK 65 1
12-Apr 12:37:07 PM 1 13900   2 1
12-Apr 12:37:07 PM 1 1000   1 1
12-Apr 12:37:07 PM 1 5000   1 1
 

January 25, 2022 - 04:32 PM
81 Reads
Post# 34359711

RE:GENM TSX Jan 25 - Anonymous sells 60.1% of all shares traded

Sorry, that should have been "...(including 100k shares in one go to 2 (not 79)"

AGTCTTWW wrote:Anonymous was mostly selling today, selling 60.1% of all shares traded (including 100k shares in one go to 2) and buying a few thousand shares here and there.

April 19, 2022 - 03:06 PM
31 Reads
Post# 34614141

RE:red.

You really are a penny fetishist.  Can you at least try to explain what cause the price action?

You won't because you are a short and distort abusive trader and you wouldn't want anyone seeing through your grift.

Everyone sees the 200k+ shares dumped at market by #1 anonymous and #7) that caused the initial drop.

It's getitng more expensive for you to manipulate the price, bud. 

I sure hope you covered last week.  We'll know soon enough.  Shorts are cooked if this goes to $1.10-1.15.

19-Apr 2:49:53 PM 1.04 2700   85 2
19-Apr 2:40:06 PM 1.04 300   85 53
19-Apr 2:29:39 PM 1.05 1200   1 1
19-Apr 2:29:39 PM 1.05 1300   1 1
19-Apr 12:58:45 PM 1.05 40 NBDLT 7 2
19-Apr 12:58:45 PM 1.05 2500   1 1
19-Apr 12:58:45 PM 1.05 11500   7 7
19-Apr 12:54:39 PM 1.05 100   14 1
19-Apr 12:42:22 PM 1.05 100   14 7
19-Apr 12:42:22 PM 1.05 6300   1 7
19-Apr 12:42:22 PM 1.05 500   79 7
19-Apr 12:42:22 PM 1.05 500   79 7
19-Apr 12:42:21 PM 1.05 1300   7 7
19-Apr 12:28:04 PM 1.05 1900   2 79
19-Apr 12:28:04 PM 1.05 3000   2 2
19-Apr 12:28:03 PM 1.05 100   2 33
19-Apr 12:24:54 PM 1.06 4900   1 7
19-Apr 12:24:54 PM 1.06 85800   2 7
19-Apr 12:22:25 PM 1.06 14200   2 7
19-Apr 12:07:25 PM 1.07 2700   80 7
19-Apr 11:23:47 AM 1.07 100   14 7
19-Apr 11:23:46 AM 1.07 4700   1 7
19-Apr 11:23:46 AM 1.07 1000   79 7
19-Apr 11:23:46 AM 1.07 800   72 7
19-Apr 11:23:46 AM 1.07 1000   2 7
19-Apr 11:23:46 AM 1.07 500   2 7
19-Apr 11:23:46 AM 1.07 100   33 7
19-Apr 11:23:46 AM 1.07 5800   85 7
19-Apr 11:23:46 AM 1.07 16400   7 7
19-Apr 11:08:39 AM 1.08 33 NBDLT 57 14
19-Apr 11:08:38 AM 1.08 3700   1 1
19-Apr 11:08:38 AM 1.08 100000   2 1
 
Comment by Rainyday on Apr 19, 2022 7:53pm
The public float (total shares minus those owned by key shareholders) is roughly 100 million shares and the average daily trading volume over the past 2 weeks has been about 500,000 shares when one includes all the Canadian exchanges (not just Toronto). That suggests the entire public float turns over in about 40 weeks (40 * 2.5 million shares per week). Of course, there are lots of investors who ...more  
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