Telkonet Inc (fka TKO)

[reallybadtrader]

Yeah that was pretty interesting last 10 minutes. People were hitting the bid pretty hard to get out, normal when trying to get out of a position by the end of market close. You could also tell the covering when the ask was getting taken with a nickel spread.

I used to trade equities for a buy-side desk and closed most positions by end of day, when you want (or need) to cover, you have no choice but to pay up.

All in all past week has been great. Lots of bigger prints going off, which is instutional trades. Whether its funds, private equity groups, or prop desks, who cares. As long as I see big chunks being taken off the ask, people a lot smarter than me think there is value.

Long and Accumulating!