4mnths ahead of pvd, less than half market cap, page-16

Hamsam have no idea of the selling, I only look at top 20 from time to time and can only make judgement based on the movements there after the event

The buy and sell depth has lots of large orders, doesn't look like mum and dad investors to me.

Looking at the trades, going by time of trade, the buyer or seller (my guess is the buyer because it has been like this for months) splits the trade between 3 to 4 accounts, therefore making a distribution or a broker acting on behalf of its major clients

Based on this, and the fact we do know Citicorp has been selling out, one of the biggest holders, it seems to fit, one holder moving down and eventually out and others moving up.