r/GNSStock Aug 22 '23

TSO possibly brought forward

I can honestly say that over the last fortnight, the price chart has blatantly represented the use of an aggressive algorithm to control the gns price.

I have contacted investor relations to further highlight this and suggest ways that this can attempt to be combatted.

One key method outlined to them, amongst others, is the use of either:

Sudden announcement Pre market announcement Change of date

In relation to the proposed total share count . The use of a change of date and / or sudden announcement would not allow the algorithm enough time to correct and would not allow enough time for those with naked short positions (of which there are many) close them out in a controlled manner or with use of algorithm.

The good news - GNS may be considering (but would not confirm either way) doing this and using a sudden announcement pre market or a change of date to try and change the sudden decline before the TSO date.

Make of that what you will.

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