selling partterns for last few days (06-07-10)

A pattern has emerge from last week with light volumn.

selling bots (no marketable parcels) constantly sell down the price with tiny amounts.

Then a tiny buy order (no marketable parcels) buy tiny amount (eg: at 5.1c) and wait for the buy orders (eg: at 5.0 c) to build up. Then the selling bot drop a bigger parcel of shares to fill those buy orders (eg: at 5.0c).

Looks at these buy/sell orders for today and you will understand:


03:59:59 PM 0.050 100 5.00
03:59:58 PM 0.050 100 5.00
03:59:57 PM 0.050 100 5.00
03:59:56 PM 0.050 100 5.00
03:58:10 PM 0.050 100 5.00
03:58:04 PM 0.049 2,614 128.09 XT
03:56:34 PM 0.050 100 5.00
03:56:30 PM 0.049 100 4.90
03:55:55 PM 0.050 140,000 7,000.00
03:55:55 PM 0.050 2,113 105.65
03:55:34 PM 0.051 1,199 61.15
03:55:13 PM 0.050 7,887 394.35
03:55:13 PM 0.050 2,113 105.65
03:48:36 PM 0.051 1,197 61.05
03:45:03 PM 0.050 100,000 5,000.00