RE: where do we go? sometimes in exchange for services(i.e. underwriting)a particular firm will act as a 'market maker'.
that is-they will agree to exchange(trade) a pre set # of shares in any given month in order to facilitate volume.not meant to be a price mover,just to promote liquidity.
you can see this orders/fills at opening and close that the average guy could never get(save small amount).
in all my time,while legal and a nessecary tool,i have only known 2 small co.s to admit it.with the bigs it's a given,even if etfs' have taken on the role.
second point(s)-someone in the market allways yaps so some entities go to great lenghts to hide their involvement.these guys know what is public and (usually)they are way ahead of us.
sometimes it's just weird.i bought 100k shares in a penny stock the other day for 9 bucks in commission and promtly transferred 20k each to 4 other accounts for free(same house).1 trade buy-5 different sells.
and so-with that goes the tale of the tax man or personal circumstance.sometimes you just have to liquidate for any price or sometimes add to the pot to protect the original investment.
momo can be a factor.
anyway,the big money behind arn is in the debs.we don't know who owns them so ...............
bank first....nobody second but the guys who funded the debs have long memories.work again?
last point-lots of retail is lazy.pre-determined entry/exit with no day to day involvement.let the computer ride!