that may be .. but notice what the actual data
shows for katx .. just for the month of june
(MM monthly volume report broken down by MM's)
and provided by finra
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=katx&SortBy=volume&Month=6-1-2010&IMAGE1.x=21&IMAGE1.y=9 ---
MM'S: CHDN SSGI PUMA NOBL LFCM STXG collectively did on katx for the month of june (latest known)
out of Total Share Volume done of 103,474,141 shares
the grand total for 5 MM's 787,457shares CHDN ~ 15,000
SSGI ~ 56,000
PUMA ~ 255,875
NOBL ~ 415,582
LFCM ~ NONE
STXG ~ 45,000 what they are doing imo with at least 4 of these MM's
is they are being used to stack the ask (or bid) but
based on the total lack of volume *traded* thru them
for the entire month of june .. they have nothing
compare this data to the primary MM on katx for june
NITE ~ 50,644,286 approx 49% --
it's worth tracking which MM does what over a sequence
of months .. the primary will ALMOST always be NITE
but seeing who is utilized each month and then comping
to *legit* volume traded .. goes a long way towards
avoiding the usual re: smoke and mirrors
--
4kids
all jmo
10/5/07 -- there are no coincidences here ...
oh and like many other longs .. not selling at this level --