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Re: NoPinkScams post# 53183

Tuesday, 08/11/2015 2:57:50 PM

Tuesday, August 11, 2015 2:57:50 PM

Post# of 330271
Wrong. Every trade executed is a buy and a sell (that's what makes it a trade). Green trades on the tape (what are ridiculously referred to as "buys" on stock boards) are ALL trades executed above the bid price. Red trades on the tape (what are ridiculously referred to as "sells" on stock boards) are ALL trades executed at the bid price or lower.

This means that a stock can be bidding at $1 with an ask of $1.01 and a diluting market maker can enter as sell order for 10K shares at $1.001 and if it executed at that price it'll hit the tape as a green trade! By your idiotic logic this counts as "buy volume." Referring to it as such is not only stupid, but it's misleading to novice traders/investors.