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Thank you Boosted2gGSX! You rock! eom.
Isn't this great news, Sgt? Made my day. Anxious to see if the games continue today. Many complaints were filed on behalf of IGEN with the SEC. Maybe it's good if they go continue, because now they are being watched, and will add to the evidence against them. There is a digital trail of their behavior!
Naked shorts better start covering and get those shredders out and start smashing your hard drives. Jail time coming for you! Go IGEN$$$$$
LP, if that happens, we will see many pennies, even dormant ones, go to the moon! This applies directly to all OTC stocks, but especially to IGEN. There has been manipulation going on here. It's real. The money that should have went into the share price here has went into the crook's pockets, but yet, IGEN still strong.
It would put us over .02 imo if released today.
That's great news! Go SEC! eom.
All I can say is wow. I started to buy when I posted yesterday, but didn't. Kicking myself now. Congrats longs.
KNOS looking good! eom.
They are for previous month, so the one next week will be for August.
Get out the red paint. Here we go.
That was a retail buy. It's an IGEN thing. When I put an order in, and I usually buy odd lots so I recognize it, it shows up on the bid. Then when it fills, it downticks to the next one on L2, which in this case is all the way down at .0135.
That's what I've been pounding the table on. The form 7 is coming, I think we may even get a decent run up on that, but then what? IGEN needs an investor relations person. Chan good at building companies, terrible at investor relations. imo.
Right. Just minus the manipulation, this stock would be at .05 right now, at least. The question is, with CEO who is silent, what will make them cover? Timing is everything on OTC, and I feel like Chan is letting this slip by.
BANT .0098 below .01 again. eom.
That's a retail buy, too. How I know is from experience. When it showed in Time & Sales, it was gone, and the next one down was .0135.
Heads up bid dropping to .0126 then back up. I am showing .0142 as the price. eom.
Well, my opinion is that's just a good round number that looks big and carries some weight. It's above the others so they can pull the rug out to stop runs/bring the price down.
Exactly, it's been that way. All my buys have showed as red. I guess as long as we go up, I'll chill, what can I do about it but complain, but it's a shame that these crooks can get away with such blatant manipulation.
Am I the only one seeing the manipulation? They jerked the rug out. Why would Chan not be concerned with this? That was a huge bid pull. It's to kill the run. Now, if we do get back to where we were at HOD, we would have been at .016 or so. See what I mean? Anyone? Without all the manipulation over the past couple of months, we would alread by at .05 or so. I'm pissed. Even if we can run to .02 today, we would have been at .03 with the same amount of buying. It's criminal.
It could run if they'd tighten up the bid, keep dragging it back with that spread.
Yeah. I hope you're right. But reading between the lines of your post, the part about Chan not caring about the PPS. That's one thing I have against him. He definitely does not. I am not saying day to day, that would be silly, but he should care in general, and we were supposed to get an update in August, didn't. Still believe here, but a bit frustrated with the CEO on the shareholder side. I feel left flapping in the breeze here myself. He could have, should have, released a couple of PRs by now, and they would not have been fluff at all. As CEO, and a shareholder himself, he should want our share price higher, not ignoring it altogether. Throw me a fricking bone here, Neil.
Yep, there's a pattern there. I don't know if gaps mean much here. There are gaps all through the day with the spread widening tactics going on. But yeah, usually it gaps up, then sells down from there the rest of the day, ending with downticks for the close.
Should explode on that news and the fact that it's oversold. I am already showing a .095 ask.
Last form 7 was on the 7th. You guys think it'll be the 8th this time due to the holiday?
From the CSE last month: "Next-Generation Platform launch scheduled for August with final cut-offer within 30 days from Commercial Ready Status." Anyone know what "final cut-offer within 30 days from Commerical Ready Status" means?
That tiny amount doesn't justify the massive sell off. Huge bounce coming, question is at what price.
My apologies. I swear I copied that from OTC markets, must have been wrong ticker or something. So it's 527,127,196, dilution, but very tiny. Elcappy straightened me out.
Got filled small 24,000 at .0133 fwiw.
Come on, Chan, Wake up. eom.
I was led to believe by someone on this board, won't mention names, that there was no dilution. Then why this? Shares Out 1,105,477,145 09/01/2020 from this 499,689,291 outstanding shares? They doubled the outstanding shares. That's one reason this tanked so hard.
You're most welcome. Yes. I like to watch the time & sales along with the L2 and chart. I need two screens myself. As was just pointed out, there 21 trading days, not 20, so my math was off a little so more like 2.1 mil a day, but you get the point. That is a tiny amount here.
That's not bad at all. I have seen way worse run much farther. I think one thing that gets us on the price decline (besides the manipulation) is strong hands hold, which means no selling and can lead to those low volume days, then that 2.4 mil affect is magnified a little. All we need to explode in price is a catalyst to bring in the money that is on the sidelines.
That's great news! So 48.8 divided by 20 trading days is only 2.4 mil a day average. That's tiny. Average daily volume is around 60 mil. Also, if we stay at this rate, in six months we will be maxed out on the AS. A DEF 14C would have to be filed to increase the AS, so all we have to do is watch for that.
To keep things in perspective, the dollar volume was $1 million today. That 32 million shares of dilution equals around $32,000 a day so it's a small fraction each day (.3%) of the total trading. The manipulation is on a much larger scale than any dilution going on is my point. Also, some price deterioration is just old-fashioned profit taking by investors/traders. Stocks go up and down. It's what gives us buying ops and profit taking ops, and also, unfortunately, sometimes losses.
It's in the filings. "The number of shares of the registrant’s common stock issued and outstanding as of August 12, 2020 is 1,089,088,573."
IGEN had 1,056,629,366 OS as of 08/03/2020.
That's 32,459,207 shares. Not bashing my own stock, just saying it's there, and so is the manipulation. It's just maybe sometimes it is actual dilution, and sometimes it's manipulation. The manipulation is the end of day action and the bid pulling and spread widening during the day when it starts to run. The dilution is when it takes those dives and time & sales show blocks, like 1 mil or 10,000, etc.
The good news is the AS is 1.49 billion so when this gets maxed out we get another run. That's probably in the future six months or so.
It's slowed way down, but there is dilution here, however, it is very small and stocks with way more dilution have ran way farther. There is definitely manipulation here. All you have to do is watch the last 5 minutes every day to see it. The question I have is why. I am only speculating of course, but, I would say it's a heavily short MM.
Agree on that. We are way overdue on a PR. Don't know what's up with that. The consensus was we get update in August on the V2. I can't help but think it will be very soon. I know IGEN is transparent and has the CSEs, but Chan is not into PRs that's for sure. yeah, no fluff PRs I know, but we could have had a couple that weren't fluff at all in my opinion and been at a much higher share price.
Okay, it's Tuesday. MMs like it red, it's either head faking down or about to dip, getting my order ready in case it does. I wouldn't be surprised to see them head fake a big shake then jump EOD back to .018 or so to target the .02 again tomorrow. I've saw it up and down tick in .001 increments several times today. There it is .0146 here we go.
By channel, do you mean maybe .01-.02, then breaking out above the previous high for wave 5?
I am partial to the Money Flow index myself as well. ;)