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World Kinect Corp V.INT


Primary Symbol: WKC

World Kinect Corporation is a global energy management company. The Company is engaged in offering fulfillment and related services across the aviation, marine, and land-based transportation sectors. It also supplies natural gas and power in the United States and Europe along with a suite of other sustainability-related products and services. Its segments include Aviation, Land and Marine. Its Aviation segment provides aviation-related service offerings, which include fuel management, price risk management, ground handling, 24/7 global dispatch services, and trip planning services, including flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, and related products and services to commercial, industrial, residential and government customers, as well as retail petroleum operators. Its Marine segment markets fuel, lubricants, and related products and services to a base of marine customers.


NYSE:WKC - Post by User

Bullboard Posts
Post by stranger2on Feb 14, 2011 10:38am
395 Views
Post# 18128623

House 7 scare tactics

House 7 scare tacticsIt seems like House 7 (TD) is working this stock as an institution in a manner to squeeze out cheap shares by putting up that big 500k block on the ask in order to create downside pressure. without actually selling very much of it. 

Both individuals and the institution itself trade on the same number.  But what I have noticed is that virtually all of the house 7 buying suddenly stops when that block shows up for sale.  This would seem to me to indicate that TD is actively working the stock as an institution in a manner that will allow them to accumulate shares on the bid side by creating this pressure.  It could be that it is not the institution itself, but some other person/entity, but in either case this is of course very good news if you intend to hold from this price point.  Also chart looks good for turnaround to the upside from here.
Bullboard Posts