I can't seem to find any 144 filings for insiders to even sell. That would be an interesting observation though. Can't imagine why insiders would be selling at the low end of the trading range. Doesn't make any sense to me. Perhaps, on the other end, there are some large buyers who want in cheap. Or maybe buying for the new person on board. Who knows. Very bizarre indeed.
Don't know what the MMs are up to, but the below stats from www.level2chart.com, reaffirm that there were many more buys than sells today.
Trading activity today by volume:
58% at the ask
17% above the ask
12% at the bid
3% berlow the bid
10% in between bid/ask
Basically, at least 75% were buys today (unless they were being masked as sells at the ask), (58+17), and some of the in between as well. MMM at its best or something very out of the ordinary.
