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Re: Choi post# 13596

Wednesday, 07/20/2011 9:41:10 PM

Wednesday, July 20, 2011 9:41:10 PM

Post# of 97615
My take on todays actions is:

You had a new broker show up on Level2 today: BKRT

You had a previous s-8 for 1.5 millon shares by someone.

I believe that this new broker came in selling or shorting (by borrowing against) those (future) shares.


Today sure felt like that last pull back from 24cents to 06 cents. In otherwords, way over done for the shares that were actually traded last couple of days. Again, someone made shares available to market makers behind the scene or market makers shorted virtual shares.

Just my opinion.... just a lowly trader here - (further down the feeding chain).

But holding thru MM games for $$... with over 100k shares...(grin)