You can pick the inside trading a significant portion of the time in some of the smaller cap companies when they make a large move in one direction for no reason. Typically the ones with inside information (random order sizes) will be buying/selling indiscriminately into retail investors (order sizes in lots of 1000). One I am watching at the moment with this type of move is Beacon Lighting (ASX:BLX) which I strongly suspect will have a very poor upcoming result.
Two weeks ago I wrote a post Why ASX Companies Should Report Quarterly. One of our readers, Frank, added the paragraph above to the comments.
Today Beacon has announced a profit downgrade and the shares are down 20%. Our market is a global embarrassment.
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