Genoil Inc. (GNOLF)

[DTCT]

Looks like another successful price manipulation by the short sellers. Their MO is pretty easy to see at this point - when volume rises they short heavily into the bid in order to keep any type of momentum from happening so as to keep this stock off the big players radar. They have been doing this for quite a while and employing every trick in the book and then some (they especially love odd share lots, 100 share flags, and spoofing). The big positive is that they have been flushed from the shadows in the last couple of weeks in a desperate bid to keep the share price down. All that is needed right now is for a very large buyer to recognize the situation and start buying cheap shares from them in big quantities. The shorts will have to defend this position until they have no shares left to short and then they will have to start buying themselves to cover their position. Something needs to give as this stock is currently so undervalued that it has become a joke. Share price should be in dollars not cents! My guess is that they will need to finally sign a large contract to get the foot off of their throat - until then watch the trading habits; as I've said they are sooo predictable at this point.