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World Kinect Corp V.INT


Primary Symbol: WKC

Energy Oil & Gas Refining & Marketing
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

World Kinect Corp
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Comment by Lockheedon Aug 02, 2011 11:47am
334 Views
Post# 18894984

This type of homework is what this site is for...

This type of homework is what this site is for...
MESSAGE POSTED by 
f3drivr2


"Actually I don't think it was that much of a gamble for them. On the way up they used circular trading to take up the SP on every NR. Once people saw it going up they all wanted in and chased it up to $3.35. After the dump of 4 million shares into the bid at $3.35 they had the seeking alpha blog ready to be posted and carpet bombed the SP on the next day. Then they had Milstead write the G&M article and they released their own translation app and a second blog. They shorted another few million at $1.50 the day of the Gene Simmons chat. All of this was enough to create fear and doubt and start the selloff. All they had to do was start walking down the SP using circular trading the same way they walked it up dumping shares into the bid to drive it down on every NR to make people think it would never stop going down. I'm sure the whole thing was meticulously planned and they made millions of dollars. I don't think the PP investors bought into the scam, I really do think with everything going on INT should be trading around $1.20."
  
Good post.
Bullboard Posts
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