Question3 Jun 2016 09:10
Glad to see the rise this morning. I'm a bit... perplexed yesterday throughout the entire day there were multiple sells in the space of let's say 20 minutes which were exactly the same for instance i was seeing trades like:
08:20 - 791shares sold, 08:22 - 791 shares sold, 08:25 - 791shares sold, 08:28 - 791 shares sold, 08:30 - 791 shares sold,
10:21 -1377 shares sold, 10:24 -1377 shares sold, 10:26 -1377 shares sold, 10:28 -1377 shares sold, 10:30 -1377 shares sold,
My questions are;
Is there some people who like copycatting other people's share sells and they do this consistently throughout the day?(THIS IS A DAFT QUESTION I KNOW)
or
What is the exact strategical/tactical reason for people or person selling off shares in this manner?