Replies to post #69619 on Koil Energy Solutions Inc. (KLNG)

[wweeaazz]

Another good possibility, guess we will never truly know what is happening. I will say, with the amount of shares that have hit the market of late the stock has held up quite well.

[xZx]

fred, i like your theory, but i can guarantee you robert chamberlain would never comment on something so speculative, whether it be true or false.

i've seen situations like this in the past where the stock drops quickly to a given level, but never has it stabilized to such a horizontal plane, intraday. i agree it seems like no coincidence.

perhaps a large holder took their exit but arranged with another entity to buy their entire position at or above $1. just a wild guess. next week will be very interesting -- and informative, imo.

[ljtoomey]

That explanation seems to make more sense than the other scenarios bantered about here. Great timing and defense by management!

[RomeClone]

Newbie here. I am grateful for the incredible education I am receiving due to this outstanding board. Not a big player 13K @.61 but this is definitely my largest holding. I was on vacation last week and came back to attempt to read about what happened here. Would someone mind telling me what this "poison pill disclosure" was/is? Thank you.

[sandtana]

I like Fred's theory.

I have only been here since the June 6th dip, but I immediately noticed that DPDW seemed to have more shares trading in the middle of the day, than at the end of the day when the big boys are supposed to be buying and selling.

Somebody was "protecting the chart".

If Fred is correct, we can expect more volatility (games) after this group has unloaded their position.

[mystic krewe]

Me to Sand. Beautiful theory Fred. Thanks for your contribution to our great board that Brikk, Joe, Sage and others have carefully built and gracefully guarded. Your dollar limit selling certainly is as good an explanation of Friday's chart as I've heard yet. And the action coinciding with the PR is a plausible explanation for your takeover theory, whether it was known or unknown by mgt. If it was known, it would be great if they let us shareholders know what went down, but I don't know if that is the norm, and it may happen more than we know (maybe without tell tale signs). If it was unknown, then of course the proper response would be to neither confirm or deny. At any rate, I think we'll be heading back up soon now that whatever it was is in the rearview.