KAT Exploration Inc (KATX)

[Eagle777]

Like sort of clandestine, secretive, and devious. If it is based on inside information it is illegal. I think it's inter-market makers continuing to juggle and clean their books for the upcoming new rules starting Monday. I think that a lot of them had built a big short position by abusing their own rules on covering. Now who is on the sell side ?? Perhaps the Financiers. The trades are obviously pre-arranged. And who has large amounts of stock ?

Gump's latest theory.

So supposedly someone is engaging in clandestine, secretive activity such as trading on inside information or the MMs have abused the rules and needing to cleanup, so they make these BIG, BODACIOUS, HIGHLY VISIBLE “HEY EVERYONE, LOOK AT ME” 1 MILLION SHARE LOT TRADES.

Does anyone else other than me find that the most bizarre and preposterous theory out of all the ones that are floating around?

It is highly likely that these trades are for a whale that has contracted with an MM to accumulate for them. The end-of-day blocks are the execution from the MM to the whale, at an agreed upon volume or time weighted average price. The MM accumulates from those who the boo birds keep scaring into dumping their shares. Note on Thursday when the total volume was under 1 million shares traded, there was no 1M block transacted. The MM fulfilling an "all-or-nothing" order is unlikely due to the consistent time of day that the trade takes place.