KAT Exploration Inc (KATX)

[scubastevemd]

I doubt any one trader had that big of a position, but it would not surprise me if a group coordinated their trades at all. Usually a be run out of the norm is a short set up. They short at the top and then bash hard to drive down the price. Even now as of 7/2 the short was 60% of the shares traded. I expect the same garbage of drivinn it down and covering as the day goes on. THis hase been the pattern. It maybe hard to stop if it is a coordinated group and they can take positions with small trades to move the stock as has been documented with sellers being the smaller side of the trade and yet the stock decline. It could also be the MM trading their own account. The only way we can stop it for sure is to squeeze them and force the price up and make them cover. Hopefully, some news soon or the BVIG shares will force the issue soon and the games can at least take a temp. halt. JMHO