Pengrowth Energy Trust (PGH)

[Teflon2Insults]

Some explanation please?

I have noticed that the trade size (as seen on the "trades" tab on this sites quotes page) for PGH - a multibillion $ Co - (albeit going through some repositioning) - and with a substantial and seemingly active daily volume - is just full of absurdly small trades. Many in the 100 share range. (Generally without any automatic program trade identifier).

I mean, we are talking many @$200 trades and less! Over $1K is almost unusual. Who/why trade at that tiny size? Even with a good price change it may not even pay for the fee's...certainly not make any money to speak of.

2x in the last weeks I had a trade of 10K shares - it took 16 different transactions of small size on one and 14 on the other to completely fill. Let's face it - that size trade of a stock of this type should not be a market controller....

Additionally, I see the extended hours trades (Form T) with the expected large bid-ask spreads are also at really, really small size. Some for 5 shares!

Can someone please provide insight on what is going on?