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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 fuzzieLOGICon Mar 08, 2011 10:49pm
224 Views
Post# 18255628

the truth

the truth
I don't think there is anything we can do. The BS has been going on for so long that nobody even pays attention to the pumpers anymore. They control the price by putting up and then removing large bids forcing others to raise bids as well then selling the cheap shares. The only way to stop them is to just put in large asks and keep selling all their shares but unfortunately they have much more money than we do and because the SP has not been moving there is not a lot of interest from new sellers. I am starting to think that even the MM's don't want the price above .46, it seems like they keep it at .465 to sell shares then let it dip up to take profits and then bring it back up again. I also wonder if it is even about short orders since there has been no move to buy back, they might just be taking up the price up and down at will just to take profits. Even the Friday that it ran up to .59 there was really no reason for it. People say anticipation of news of a buyout but we all know that David wasn't even going to LA until the following week. It could have just been them deciding to let it run up to take some profits.
Bullboard Posts