Who is selling?Could be anyone, but I doubt wholeheartedly that its LOL> Eric Sprott or any of the other big investors.
I kinda think its just the trading house algo's just playing games. Seeing if they can trigger some selling or not.
Its mostly machine trading nowsadays.
At an individual level, experienced proprietary traders and quants use algorithmic trading. Proprietary traders, who are less tech-savvy, may purchase ready-made trading software for their algorithmic trading needs. The software is either offered by their brokers or purchased from third-party providers.
They are just making a few bucks everyday on trading it up and down, and on thousands of stocks everyday.
they SCALP a little bit here and there all the time.