I see an awful lot of 100 share trades in this $6+ stock. Can someone please explain to me who in their right mind trades 100 shares at a time in this stock? It just doesn't seem like the effort is worth it.
Algorhythm trading. Either Long Insitutions selling and taking profits or Hedge Fund shorts systematically taking the stock lower. Individual Investors typically have no access to this type of trading software. There is a new Retail firm offering access to Algo's but I can't remember the name of it right now