RE:TPM still selling > IMHO must be an Institution ??Trying to determine the rationale for a broker selling is like trying to predicate what the shareprice will be based on Level 2. It is all baked in the cake as in baked in whatever algorithm is sucking or blowing the shareprice at any given time.
In the good old days, an investor with keen observation skills could make a fortune by analysing who is buying and selling and what is the volumne of the Bids/Asks.Today, relying on this information will not enrich an investor. On the contrary it will lead him down a path of bankrupsy.
Sad the way the Hedge Funds etc have scammed the Market.....or whatever is left of this "Market"