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45 million shares+ were bought today, per the time and sales log.
Funny how we still have 17 million+ on the ask, heh?
You do the math….
THANK YOU MR. CHAN MAN
(We know you need a little weekend scratch)
Some nice ask slaps.
Let us see if Chan’s MMs continue to stack the ask, or if they let the ask be consumed.
Bingo!
We are back to 28 million shares on the ask.
Chan’s MMs are careful to keep this much on the ask, to ward off any possibility of a single uptick.
And the Chan Man?
RADIO SILENCE
23 million+ were supposedly bought this morning, according to the time and sales log, yet there are still 21 million on the ask.
lol
So I guess Chan’s MMs stacked about 20 million more on the ask.
Chan Man going to town with his ATM machine.
HAHAHAHAHAHA. HA
I know what you mean, and to be honest, it’s not even that weird.
But I think there is a little more to this SAGA than just Sarge.
The enigma of IGEN continues!
;D
For this morning’s “trading”, it appears that Chan’s MMs have reduced the .0002 bid by about 25 million shares and placed these shares on the .0003 ask.
This is to ward off any possibility of an uptick, I suppose.
THANK YOU MR. CHAN MAN!
GLAD TO SEE YOU STILL HAVE A SENSE OF HUMOR TO SHARE WITH YOUR STOCKHOLDERS.
“LAKE ELSINORE, Calif., June 20, 2023 (GLOBE NEWSWIRE) -- via IBN -- IGEN Networks Corporation (OTC: IGEN), a leading innovator of asset management and supply-chain solutions with its exclusive technology partner Prolog, announces the development of the industry's first Artificial Intelligence (AI) based commercial fleet solutions.”
What about this one?
Nothing, ever again.
Same for all the other “milestones”.
RADIO SILENCE
Chan’s MMs have been using this little trick for going on four years.
The idea is to always sell the buyer the stock at a price slightly below the ask.
In this way the real ask is never consumed and the PPS cannot uptick, let alone gain any real value.
YOU GOTTA LOVE CHAN AND HIS TEAM OF DEDICATED MMs!
lol
Chan needed a pickup truck to cart away the proceeds of the 50 million shares!
Well, actually it’s only $14,500, so a good briefcase will do.
THANK YOU MR. CHAN MAN!
WE CAN ALWAYS RELY ON YOU TO STAY TRUE TO FORM!
OMG
For IGEN to do a single uptick on the bid, Chan’s MMs will have to allow somebody to bid .0003 without getting swatted down.
It looks possible. It just doesn’t seem very likely.
Right, we’ll it’s been MONTHS trading at .0002 x .0003 except for the recent “2 tick rally”.
MONTHS WITH NO NEWS WHATSOEVER ABOUT ANYTHING.
And Chan Man?
RADIO SILENCE
I think you’re on the right track.
Not sure it’s a TSLA but I can see this ticker going to $10 from here in one day and from there much higher.
Just the right news needed.
Tick tock…tick tock…..
Whurs Chan, Durrrr????
We are 2 ticks from “no bid”, with the ask getting bigger every day.
And Chan Man?
COMPLETE RADIO SILENCE
I totally agree.
With that crew dedicated to this board, one think is certain;
WE’RE GONNA BE RICH!!!’
Chan’s MMs are careful to make sure the .0004 ask gets bigger a few million each day.
This will ward off any possibility of an uptick to .0005, now that the shenanigans of last week are over.
And Chan?
COMPLETE RADIO SILENCE
TTOO could be at .10 by the time the RS takes place, so at 1:100 that would land the price at $10.
But we need to expect it will drift lower after the RS, though you never know for sure.
Just going by the overwhelming majority of stocks that RS. It never seems to end well, especially in the short term.
But it has been stubbornly strong of late.
I see multiple Dollars here before too long.
One good news release can send NKLA parabolic.
YES
We’ll surprise, surprise, surprise!
We are right back where we were before all that volume, plus a few additional bag holders.
IGEN is nothing if not predictable!
History repeats itself like clockwork….
True to form, Chan’s MMs are dumping IGEN into oblivion again.
We are very close to a .0002 bid price, once again.
And Chan?
TOTAL RADIO SILENCE
I hope I’m dead wrong, but I really don’t see IGEN going past .001 before the RS.
The action of last week just solidified this belief, based on the fact that no matter how many millions are bought, the price barely moved and the ask was stacked BRUTALLY.
And now with an additional one billion shares added to the AS (just like that), there is little cause for optimism.
Still, ANYTHING is possible, which is why I am still here holding shares.
The truth always hurts Bionic.
You know better than anyone! LOL
Now we see why Chan’s MMs “ran this up” yesterday and today.
If they didn’t we would be at “no bid” when they got through dumping.
They also sucked in a few new bag holders for laughs.
lol
The RS is supposedly still on the table, since there has been no announcements indicating it has been canceled, only that it was postponed.
If IGEN can gain some traction and return to, say, .004, I think the RS may even be canceled.
This looks like a long shot, but anything’s possible.
Right now the volume looks pretty good and some .0005s are printing, so looking good.
Volume has not fallen off a cliff compared to yesterday.
Yes, I’m afraid an RS is being anticipated here.
Hell, TTOO traded at .7+ on the last run up, and it’s been downhill ever since.
I have not wasted my time flipping IGEN in many, many months, since there are vastly better flipping opportunities out there at all different price ranges.
I’m holding the 6 million shares I have just to see what happens. If the ticker disappears I will eat the loss since I bought them at .0003 and .00025.
Those of us here long enough can remember a time when IGEN was a tremendous stock to flip, with a daily range of 100 ticks or greater. Buyers would swarm in on every dip.
Those days, thanks to Chan Man, are LONG GONE.
We will see tomorrow.
If there is something going on, we will see increased volume, especially if today was retail.
If volume falls off a cliff and we are back to .0003 x .0004, then you know that history is repeating itself.
Hate to drop the pizza on the topping side, but it looks to me like this was just a MM exercise to try to get something going.
It fell flat, because virtually nobody jumped in. This is why we saw big time dumping the last 30 minutes - it was the MMs getting their money back.
If we see higher volume and PPS tomorrow, this will mean I am wrong.
But if we close at .0003 or .0004 again tomorrow with one tenth of today’s volume you will know I’m right.
Copper land?
Let us see if we ca hold a bid of .0004 first.
Copper land for IGEN would take 10 billion share days (especially after the RS).
My guess is the MMs are trying to run this up before the RS.
This is because with the PPS where it’s been for the last few months, at .0002 x .0003, the price after the RS would be only .002 x 003 and this could return to the trips in a matter of days.
Now, if the PPS could be run up to, say, .001 before the RS, that would provide somewhat more time before returning to the trips.
Good news could change all this, but we all know that Chan has provided no substantive news (or any news for that matter) for months, so it is not likely he will chime in now.
Still, ANYTHING is possible in this world.
It would take probably ten times the current volume to send IGEN to .001, that is, it would take more than just MMs “playing catch”. It would take real interest from retail.
IGEN uptick at last.
Can we see follow through?
Price low enough to roll the dice, I believe.
Good risk/reward here…
Nice ask slaps at .0003, resulting in a long-awaited uptick at last.
Can we see some momentum and follow-through here?
Stay tuned…..
It’s a miracle that Chan’s MMs have not yet stacked the .0003 ask since yesterday’s close.
I’m beginning to think IGEN could even soar to an ask price of .0004.
Hope springs eternal….
So is there an RS on the way or not?
Any insight?
TIA
The ask at .0003 is now down to a mere 14 million shares, like it was yesterday.
But Chan Man has a good sense of humor, so if we wake up tomorrow morning and see 18 million on the ask again (or 20+ million), then we can all join Chan for a good laugh.
;D
Btw, this volume we are seeing just means they diluted another 116 million shares, since we have not a single uptick, even after this volume, and the ask of .0003 is bigger than before we had this volume.
You do the math….
Where are the .0003s?
They are EXACTLY where they were yesterday, only there is 21 million in the ask now instead of the 18 million we had this morning.
Chan’s MMs are careful to keep the .0003 ask at 18 million shares or more and quickly bring it back to this level as soon as it falls below.
Yesterday at the close of trading there was 13 million on the ask, but today, like magic, we are back above 18 million again.
This is Chan’s strategy to ward off any possibility of an uptick.
Open .75 tomorrow?
This pup wants more……