OTCPK:LLEN - Post by User
Post by
Cool_Sciroccoon Sep 17, 2012 3:47pm
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Post# 20376965
Manipulation with timed, 100 share sells
Manipulation with timed, 100 share sells Seeing some timed 100 share sells into the bid at 2, 17 and 42 seconds of each minute.
We see this every now and then, as an algorithm tries to induce larger sells into the bid or trigger stop-loss sells, and allow the larger ordre to fill.
IMO, this is to allow covering or accumulation at a lower price.