Post by
Rainyday on Nov 22, 2022 12:13pm
Committed Buying today
Volume after 2 and a half hours is now 200k on all the Canadian exchanges. Seems to be pricing in the expectation permits will be granted soon.
Comment by
JAUBE123 on Nov 22, 2022 3:21pm
At least the market recognizes we're about to reach a couple milestones .
Comment by
AGTCTTWW on Nov 22, 2022 7:13pm
I hope you right, Jaube. I also hope those last short sellers are now covering and going away good.
Comment by
AGTCTTWW on Nov 22, 2022 7:14pm
Hi Rainyday, could you please post the final tally across exchanges? Tia.
Comment by
Rainyday on Nov 22, 2022 10:10pm
Total volume today was 417.7K shares of which 98.6K was for GENMF on the U.S. exchange, 190.5K on the TSX and 128.6K on 8 smaller Canadian exchanges.
Comment by
Rainyday on Nov 22, 2022 11:02pm
The 128.6k on 8 smaller exchanges were 48.5 on U exchange, 15.0 on A (Alpha), 36.5 on O exchange, 14.0 on Chi-x and the rest were small amounts on 4 other exchanges.
Comment by
AGTCTTWW on Nov 22, 2022 11:22pm
Thanks for all this detailed info, Rainyday. 400k+ is nice and while I'd like to see more vplume these days as value investors jump into GENM on the hope of approvals, if we get to 400k+ daily average for say, a month, guaranteed that the short selling stops abruptly. Fingers crossed.
Comment by
Rainyday on Nov 22, 2022 11:35pm
Only 8 weeks ago (Sept 28) the price touched $.52 - almost 50% higher now - I would think an uptrend like that would scare short sellers (it would certainly scare me!).
Comment by
AGTCTTWW on Nov 23, 2022 12:16am
Wait, Rainyday, for the days where GENM makes the TSX market Monday Movers percentage gainers. Then buh-buy short sellers, hello volume. Another two cents and GENM might have made that board today. https://money.tmx.com/en/canadian-markets