Replies to post #5213 on Telkonet Inc (fka TKO)

[siriusadult]

I have not been watching that on TKO, but if that is the case, let me share this with you. That very thing has been the standard course on another stock that I own....we have discovered WHY it was happening, who is responsible, blah blah, and are in the process of taking the appropriate steps as a shareholder group.....NOW, as to the why....TKO shares are soooo diluted, it is not funny......the paperwork filed with the SEC last month, if you recall, also lifted the time restrictions for the PP people....that means, there are tons and tons of shares out there....and with very little buying interest, the only way those people can make money is to short their shares....selling shares is a neat way to lower the share price, isn;t it? Then when it gets to a low enuf level, they can cover---and they have made money on the stock which is not possible to do if the transactions were 'long'

so, the price is being kept down to keep the covers low.

[reallybadtrader]

Its just a market sell order. The offer will automatically follow the bid down, one tic above the bid.

In less liquid stocks this is why you can see dramatic price fluctuations for no apparent reasons. In TKO for example if you put a 10m share market buy order you would push the price up until you found a seller or enough sellers to take the order out. Same thing on the down side. Market orders are generally not a good idea in illiquid stocks unless you have a smaller order or just want to get out. Having said that, I have used market orders in TKO for up to three thousand shares and have gotten good fills. The specialist does a good job of not punishing market orders.

When you see swings on the open, its from market on open orders. These are dangerous to put in because you have no idea where you are going to filled.