institutional buyingJust an FYI for you.........institutional buying is shown by the following:
(1) A cross done by a bokerage firm for a sizable piece (e.g. BMO crosses $30,000 or more worth of a penny stock)
(2) A bokerage firm is a net buyer of size on the day (e.g. TD is a net buyer of 500,000 NKA on the day)
(3) An iceberg bid that has absorbed a large amount of stock and continues to bid (e.g CIBC shows 25,000 on the bid but they have already bought 250,000 at that price and continue to buy)
So far none of these have been present today in NKA.......obviously things can change by days end and one or more of the tell tale factors of institutional buying could appear. Let's hope so.