I agree. There has definitely been some algorithm trading going on where the price is lowered then kept steady throughout the day while some entity loads up. I call that barcoding, because that's what it looks like on the chart. I didn't see much barcoding on Friday so perhaps GEM is done? Assuming you are correct, would you agree that it is now in GEM's best interests to allow the price to go up so they profit?
As a long investor who is already loaded up, I'm not happy about the reduction in share price that's for sure, nor do I appreciate the mixed messaging in their PR's, but in my opinion the share price is not particularly relevant at the moment, at least not until an EUA is granted. I don't think GEM is in the business of losing money, so they aren't going to get further invested if they don't believe in the product. Also, the addition of this stock to the small cap index is very promising. I'm hoping we'll all go along for the ride up.
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