Wednesday, September 10, 2014 6:21:03 PM
The closing share price was painted up from $.0038, a new all-time low, to $.0046 with a purchase of 10,000 shares ($46). The bid and ask at the closing appear to have been manipulated up.
The VWAP was $.0041 both for volume during trading hours and total volume when the T-trade is factored in (rounded from $.00407).
Form T trades that are at, near or below the LOD and are large compared with daily volume are often indicative of dilution to a company's float by a financier or insider.
I began reviewing the daily trading data for TNKE on 8/28/14. Seven of the nine trading days since then have had very large, low-priced Form T trades reported. I suspect this trend had been occurring for months.
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