Banter & comments, page-262

HNW play a different game to retail. They sometimes buy shares for voting rights not because they want to make money. If you can pay $100k and sway results at an AGM to favour your own interests it's a very small price to pay. Further to that that money is nothing to them on the grand scheme. They can wait and average down on a CR at a cheaper price with no problem as most retail investors wont be. The selling however if you clearly look at broker data IS NOT RETAIL.
Pro money is selling. Looks like whoever was holding escrow shares has asked for financial relief with ASICS and knocking it out! Retail is buying their shares meaning this could head alot lot lower if retail holders start to get stopped out!