Golkor Inc (GKOR)

[gump90]

In this case involving KATX, MM s, selling without having the shares to sell, and the up-coming ruling changes ... These are my opinions .... KATX was particularly volatile and supremely over-hyped. It's share price was always under pressure to go up. So in their normal course of business certain market makers sold an awful lot more 'phantom' shares than they thought they would have to in order to maintain an orderly market. You can see the big trading volume going up to the 25 cent level. These MMs then abused their privilege of going short temporarily and dragged out their final coverings until just last week .. knowing the new rules were coming into effect. A lot of people do not realize the flexibility that the MM s HAD. And besides the total dollar value of these recent million share trades is peanuts in the big KATX picture. The MMs don't care anything about KATX. But NEVER forget here and now that SOMEBODY was supplying those millions of shares. And it wasn't other MMs. I am convinced that MMs were on the buy side.