"Majority of the SELL parcels are relatively small in size. to me, that's always a sign of bigger investors replacing small ones - given no bots are operating"
No, the selling parcels aren't relatively small.
There is ample liquidity in the stock.
No one needs to use algo's in order to execute.
You may, or many not have, guessed that I have been selling into the liquidity today.
In one order alone I sold 190,000 shares without having to cross the spread.
Most of the Top 20 shareholders could today liquidate his/her entire position by representing not much more than 15% of today's selling volume.
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SP3 Price at posting:
9.0¢ Sentiment: None Disclosure: Held
