bot is reference to robot, look at the trades on the 31st and note the small trade sizes and regular frequency. A software program is working an iceberg order, we only see the tip and don't know how deep the sell order is.
My earlier reference to 'tool' is urban slang for idiot, probably evolving from spastic, spasmo, spanner / tool. Selling like this during the holiday will likely send the price down. Note the 1506 only traded on the 24/12.
Short term pro traders that bought on the 16th for a trade and found liquidity dried up may just turn a bot on and take the hit, but IMO after looking at the 24/12 1506 traded you'd be better off waiting until after the hols, the conspiracy theorist in me has another view as well....
Volume traded Close Price
13/12/2010 197136 $1.095
14/12/2010 167835 $1.105
15/12/2010 405826 $1.105
16/12/2010 630068 $1.185 *MBO announcement
17/12/2010 302573 $1.155
20/12/2010 281552 $1.10
21/12/2010 75379 $1.10
22/12/2010 143900 $1.09
23/12/2010 92108 $1.09
24/12/2010 1506 $1.12
29/12/2010 14279 $1.095
30/12/2010 253566 $1.05
31/12/2010 251456 $1.03
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