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Re: Flatcat post# 2475

Friday, 06/24/2011 2:00:04 PM

Friday, June 24, 2011 2:00:04 PM

Post# of 28688
The company isn't likely selliing directly via dark pools, that's a misunderstood statement from the previous poster.

Dark pools are where hedge funds and big banks and other money managers trade directly among themselves. There are fewer rules, lower costs for them to do so. The public is barrred from these pools to lessen the regulatory disclosure requirements. And the volume traded on these pools is not reported in total volume for any stock or any index.

If anyone was selling bork on the dark pool, it was with another investor not BORK. And it was legal to do so, and the volume on the dark pools will not be reported in the daily volume figures we all see.

It's another way the big banks have rigged the game for themselves.

But BORK management or company-held shares likely has/have nothing do with it directly.