RE: Seller/Buyer11 Nov 2021 17:02
That pattern has been going on for at least 2 weeks now. Always we have 3/4 sells with multiples of 10k (e.g. 50K, 30k, 20k) shares in each one followed by a similar buying pattern soon afterwards. It's very odd. If its one person/institution they are losing money every time as I have never seen this happen with a favourable spread.
I can't think of an explanation but it does look like 2 parties acting together to move shares from one to the other at a small loss.
It doesn't help that there are very few of what I would recognise as PI shares. Just these bigger chunks in triplets.
I never believe all the stuff about market manipulation/dodgy MM's etcbut if I wanted to keep a low volume small cap share price at a fairly level position then this is how that could work. But why? I'm actually disappointed in myself for thinking it.