Small stock purchases

[Barry]

Can anyone tell me why MVP has buys/sells every few minutes today 9 -11 shares at a time?

 

[Trembling Hand]

Can anyone tell me why MVP has buys/sells every few minutes today 9 -11 shares at a time?

Someone is slowly buying or selling. Thats all.

 

[papatee]

Can anyone tell me why MVP has buys/sells every few minutes today 9 -11 shares at a time?

Hi Barry - it's probably a computer algorithm programmed (often referred to on these forums as "Bots") to execute small trades at regular intervals over a period of time. The idea, I believe, is usually to allow a large order to be progressively executed over a period at an average market price rather than going through as a single whack.

 

[Trembling Hand]

Hi Barry - it's probably a computer algorithm programmed (often referred to on these forums as "Bots") to execute small trades at regular intervals over a period of time. The idea, I believe, is usually to allow a large order to be progressively executed over a period at an average market price rather than going through as a single whack.

Yep thats it.