Why is BHP most popular buy yesterday and sell today?

[JackJackJack]

Hi All,

I don't understand why yesterday BHP was Commsec's most popular buy and yet today with very little price change it is the most popular sell?

The small price increase is enough for those with alot of shares to make a profit?

Thanks

Jack

 

[Ferret]

I've noticed this behaviour with lots of the stocks on Commsec's most popular lists.

Seems most Commsec investors are contrarians - sell when the price is rising and buy whem the price is falling.