Kraig Biocraft Laboratories Inc (KBLB)

[tacobellsucks]

According to the Trades tab a Form T was filed with this after-hours trade. I found this explanation of what a Form-T trade is on another web site.

A Form T is a form that brokers are required to use to report transactions that occur after the market’s usual hours. Trades that occur outside of regular market hours are thus referred to as Form T trades.

Form T trading should be done with the utmost caution, especially by the individual investor. The risks may in many cases outweigh the benefits. The biggest drawback of after-hours trading is the lack of liquidity. This simply means that for some stocks, trades become very difficult to execute, and some stocks may trade very little or not at all during extended hours. Additionally, depending on the broker, an order may not reach all the possible venues where it could be executed, so if it is executed, it may not be at the best possible price. Some investors do feel that the risks of Form T trading are worth the rewards, but it is best suited to those with the most experience in the market.

From this explanation I deduce that someone tried to dump a large block at the close using a Market Order, trying to get that End-of-Day price and got burned by the MMs when they filled at a price below the last posted bid.