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KAT Exploration Inc. Message Board

  • alansnowcross alansnowcross Dec 21, 2012 10:23 AM Flag

    KATX driven down yesterday could this be why?


    OVER ONE MILLION - IOU/ Naked short shares issued yesterday! Over 49% of sales!

    Over 48% Wed., 49% Thurs., Huge shorting numbers when over 13 million KATX shares were on the ask why?

    So why the Naked shorting of KATX?
    How many of the 13 million shares on the Ask are IOU Naked short shares placed by MM's to drive down the price? - 5 million 10 million - more - is that adding liquidity or direct market manipulation.
    SEC Investigate NOW!!

    If KATX IOU shares are issued to add liquidity then why so many (13 million) on the ask?
    Either there are no shares on the Ask no liquidity and MM's must add liquidity or there are shares for sale and there is NO NEED to issue IOU shares. VERY SUSPICIOUS!

    The share price can not go up if KATX MM's issue IOU shares to bidders and not allow the free market to work.
    SEC investigate KATX - MM's trading.

    Historical Naked Short Selling Data For katx
    Date VolShorted High Low Close - Chg ShortVol - RegularVol
    Dec 20 49.54% 0.00 0.00 0.00 NA - 1,030,000 -- 2,079,172

    Sentiment: Hold

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