SMO smc gold limited

re: big seller Big Seller around definately.What I never...

  1. 350 Posts.
    re: big seller Big Seller around definately.

    What I never understood though, why do these big sellers sell at market when they have more to offload?

    That 1.2mill at market sell yesterday, then today another 750k at market sell at open.

    Surely if they just needed to sell, they would sell small bundles so not to spook the rest of the buyers, therefore getting a decent price.

    Is it possible that someone is trying to keep the price down? Otherwise they would keep their sell orders "offscreen" selling small quantities at a time.

    Is it possible they are a t+3 seller that just has to get out??
 
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