I think you need to find out how to contact the designer or pattern company. It really doesn't make sense as written.
It may be translated from another language however where they mean 'work', not move. 'Work last stitches as the first stitches' makes more sense. It could mean to go back to k2 p2 as you did on the first 4 rows. If there's a picture in the pattern, take a look at that to see if it helps.
Are you knitting in the round on dpn? If so it might just be that by moving your first/last stitch over to the next needle you avoid a ladder? In k2, p2, moving 2 sts would keep knits or purls together. With nothing to indicate otherwise, I guess I assumed this is a flat knit.
Happiness is catching that dropped stitch while it's still fixable..
Thanks for everyone's help on this. I think I might just ignore this reference and continue and see what happens. Hope I don't mess the whole thing up now. I always seem to end up with patterns with obscure instructions somehow.
Well this one is a strange one indeed. Yes, go on with the decreases and let us know how it works out. They're usually more straightforward than this one. We'd definitely love to see a photo of the finished hat!