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Bullboard - Stock Discussion Forum Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

Gensource Potash Corporation is a Canada-based fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. The Company operates under a business plan that has two key components: vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market... see more

TSXV:GSP - Post Discussion

Gensource Potash Corp > Historical charts provide important clues
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Post by mdjbrown on Sep 21, 2023 12:26pm

Historical charts provide important clues

Todays average volume following yesterdays highest volume spike in more than a year, would not suggest a leak as momentum on leaked news tends to last more than one trading session.

The exchange of the majority of shares within yesterdays tight trading range between 3 Houses suggests it was prearranged, meaning someone wanted to acquire shares or unload them without moving the needle to far one way or the other.

Time will tell
Comment by black364 on Sep 21, 2023 1:38pm
I don't believe a prearranged deal was facilitated.  For those that have paid attention, it was expected that Ano would be the major seller yesterday, as it is near every day.  Historically prearrangements are carried over as a cross, there wasn't anything that resembled a cross yesterday. There were not any one time buy/sells by the bigger actors involved but rather the trades ...more  
Comment by mdjbrown on Sep 21, 2023 7:49pm
Fair enough black, but your in the wrong profession if you are saying you predicted the exact day anon was going to dump half a million shares into the market in several large blocks to National. Like I mentioned, time will tell but it wasnt by chance........
Comment by black364 on Sep 22, 2023 2:24pm
I did not pick a day when Ano dumped a half million shares, there was no need to as one can pick most days beginning 18 months ago that Ano has been the major seller.  It's not surprising that he again was just that last Wednesday.  One particular Ano trader has dumped over 40 million shares during this period, no other house has come anywhere close to this. Yes, I am fully aware as ...more  
Comment by mdjbrown on Sep 23, 2023 10:41am
black, we went over your anon man on the grassy knole conspiracy theory at nauseum last year.  Swapping shares back and forth can be very lucrative for these houses and happens every single trading session on hundreds of stocks. Bottom line is despite their best efforts Gsp has struggled to produce any operational results this past year, they have very little cash remaining, a massive float, ...more  
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