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I had a feeling this would happen, since the volume was virtually nothing and Chan’s MMs need dumping volume to meet their quotas.
Hopefully it bounces back somewhat by the close.
This is what happens when the MMs pump up a stock and there is virtually no retail participation. The MMs need to dump their positions so as not to be caught holding the bag.
What the hell is going on with this stock,
Very strange to say the least.
Added a bunch on that dump
IGEN $$$
Where's the dead cat bounce
Spot on. Teasers (IGEN news) without substance will not promote real sustainable volume which has been proven the past 2+ years. Alot of fellow investors I know are waiting to read in black and white SEC filings that IGEN is now legit and on the way up. Getting closer every month but when this happens look out man. Nothing new about this concept rather basic 101 investing. However this concept doesn't apply to Day Traders, only Longs.
Well, there is no REAL good news as yet.
Chan provided a teaser, by saying that IGEN had its first profitable Q.
But the fruits of all the “deals” and “customers” and “partners” supposedly in the works have yet to materialize, though they have talked about it for two years + now.
And clearly Mr. Market is not convinced and is still saying:
Well, you know what it’s still saying…..
Spot on Sarge --- don't think new investors are scared though but instead just waiting for more "proof in the pudding" :) Whenever and however this happens you're right it will be EPIC GLTA
The more good news the worst the stock price gets , is that the sediment of the market ?
It aligns with the progress if the institutional investors want cheap shares. You call it Chan’s Mms, I call it manipulation. Accumulation keeps climbing for a reason. I’ll be here for years and will not sell cheap.
I hope you’re tight Sarge.
But Chan’s extended silence does not align so well with “all the progress”.
Don’t even get me started on where the PPS is and has been for a long time.
Very peculiar, to say the least.
The company has never been in better shape and Chan agrees. The manipulation has been successful in running off new investors but that can change in a matter of days with the major deals we have with the GSA/VA status. This administration likes to spend money. I know you don’t care about anything positive so I won’t waste my time laying out all the progress we have recently made that will lead to 10’s of millions of dollars in the next year and potentially 100’s of millions after that.
Volume drying up ,Chan don't care about share price or he would jump start this maybe surprise. Us shareholders..
For now, I would be happy if we cleared .0041.
I would even be happy if we can close above .0035.
“EPIC” is a ways off, I’m afraid, especially with day after day with no news about anything.
So is inevitably dying..
Dumb argument.
Looking at a bull flag on one minute chart; it could get interesting.
nonsense comment. shares from future dilution are an issue.
Anyone else scooping these cheapies up .more 3s for me
Well that's good, I'm going to keep averaging down its help with my bottom line .I'll take more today .
Chan’s MMs have taken the day off so there will be no trading until they return.
You would think they’d be tired of Sushi breakfasts by now but I guess not.
The current market cap is manufactured nonsense. The ticker has been beat down for years and doesn’t reflect the company well at all despite the frequent post to the contrary. Neil said it himself that this is not the true value of the company.
Sgt the most exciting thing about this corruption will be watching how they run it up with the same corrupt passion an control….80-1.00
The run will be epic but not easy to watch as I anticipate a massacre as they shake all weak hearted on there way up!
Stay Tuned
I'm not sure what planet you're on trying to come across as intelligent but just so youre made well aware 200 million shares is 200 million shares is 200 million shares.
Not sure what else to tell you.
Just think how epic this will be when the corrupt trading stops and the corrupt group flips the switch to the “run” position.
WELL STATED
Dilution expected upon or after some positive orders and revenue progress.
All eyes on next few Form 7s
Remember that the money sought to be raised is SIGNIFICANT relative to current market capitalization.
Looks
Like the selling game starts early today.
I see it’s .0031 pre market. We will see what games are being played and how many shares.
IGEN
$IGEN
— DB Daytrades (@DB_Daytrades) August 30, 2022
Only a few weeks until this trend breaks imo, big volume picking up 📈 pic.twitter.com/wUndMb7Ge5
Not sure what earth shattering news everyone is always wanting. News concerning IGEN only benefits flippers / dilution which has been very evident the last 2+ years. No substance or meat ever in IGEN news / Form7's LOL Much of it in the past has just been attractive "lures" which Neil has plenty in his arsenal. Don't get me wrong positive progress is always great to read but the only thing that will bring REAL money and new investors into IGEN at this point is a string of consecutive - LEGIT - 10K's reflecting growing revenue period. So in the meantime we will continue to tread water below a penny and no QB status until at least early 2023. Might get a "pop" this year but it won't stick long. Very frustrating to say the least. As far as merger / buyout I don't think IGEN is attractive enough yet. Obviously all my opinion after holding shares for over 2+ years. GLTA
If we can hit news this week it would be great ... but with a form7 coming up chan probably wont.
What does the breakout board reflect? Public sentiment? I just see it mentioned constantly, yet it seems to mean fuck all for the SP
I won’t be convinced this little pop has legs until I see much more volume, but yes, it is positive that IGEN didn’t give it all back in 24 hours.
Tomorrow is another day!
;D
Not a bad close at all; may be halfway to our first target? Anyway it looks like it will continue...which is a good thing!
<3
Nice bid at .0035 for a change.
Hopefully there is news coming and someone leaked it.
Chan - throw us a bone and make my jaw drop! LOL
Chan and his faithful MMs.
That’s why Chan has never called them out in the last 2.5 years.
I would not hold my breath for a buyout.
My hope is for a good MM pump, but even that is less likely now, because when they start buying to do the pump, almost no retail investors will join - as we saw yesterday. When this happens, Chan’s MM are left holding the bag (from their buys). And of course they must dump their holdings, leaving the stock about where the pump started.
Only REAL news can cure this “drill” we have seen so many times in the journey from .024 to .002, the recent low for the year.
I'm hoping Chan man has a plan or buy out ...
One thing about IGEN.
It never disappoints. It always does what we all think it will do, and in short order.
When I make gold sushi for everyone !
100% need 2 million more getting close to my goal $IGEN
Lucky #27 on the Breakout Board get ready.. .
Please continue to average down. Do not let up.
Par for the course.
;D
Got filled @ 3 but it shows up as a sell order
31772 Casino Drive
Suite C.
Lake Elsinore, CA 92530
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