Just wondering if anyone knows what is the whole strategy of buying 8 shares every 3-4 min that is currently going on. The value of the trade amount to about one dollar. I presume it must be done by some broker otherwise the transaction fees for each trade would make this prohibitive. Interesting question is why the broker is doing all this? I presume they don't do this to very share. If they are acting on client's instruction, I am curious as to their intention. Anybody in the know how the system work?
KMN Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held