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Bullboard - Stock Discussion Forum Kolibri Global Energy Inc BNKPF

Kolibri Global Energy Inc, formerly BNK Petroleum Inc is an exploration company. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada and Other.

GREY:BNKPF - Post Discussion

Kolibri Global Energy Inc > Sell side that was selling millions of shares last week
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Post by woolco on Mar 13, 2019 3:12am

Sell side that was selling millions of shares last week

Now suddenly no longer selling....bids not getting filled and forced to raise price as float so thin...without the large fund liquidating....
Comment by BrokerG on Mar 13, 2019 11:54am
Let me try to clear up woolco's message. First of all, in the last week or so, one of our institutions sold at least 4 million shares. They may have more to sell, we do not know. The buyer of these share was the market maker or broker "Anonymous". Who cares you say? Anonymous is not a long term shareholder, they will now try to sell those 4 million + shares into the market.  ...more  
Comment by himmler on Mar 14, 2019 2:20am
Theres holes in both arguments..first of all its obvious to say that for every seller theres a buyer..no kidding.Secondly ..blackout period?  sounds like speculation to me.Broker,you say anonymous isnt a long term holder..how would you really know that?More speculation.What about all the countless shares traded in the past from anon to anon? When cross trades are done its truly difficult to ...more  
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