Replies to post #133890 on Golkor Inc (GKOR)

[lucky, mydog]

I choose to believe someone is buying. Again, my opinion and a guess. Just like someone speculating these are large sells.

most go with what experience and precedent has taught them.

[Eagle777]

THE ONE MILLION SHARE TRADES

My post from days ago:

The way the standing bid (0.24) and ask (.027) were split and the trade occurred at .0257 indicates to me that a marker maker jumped on this one and swallowed up the lot whole. Who else could "see" the order when it came in and then raise their bid up to .0257? Not Joe Retail!

I believe those are VWAP or TWAP block trades executed by a market maker for a WHALE (fund or institution) buyer accumulating down in this range. They have a standing order to accumulate. Think of HSDN's role for someone from the past 6 months but in reverse, i.e. buying.

There has been some very strong accumulation going on. The hand-wringers, penny hennys, those who charged their shares on their credit cards at 29.9% interest, etc., keep dumping and others are taking advantage of that big time.

[mappo]

Jackroch .... The New Trading Rules.

Jack, in what way do you think the new trading rules may affect Katx ?
or the MMs ?
The effective date will be on 2-28-2011, and lately we are seeing all
these 1-million share block trades, real strange.
May see more of those big block trades before 2-28-2011.
Just wonder.