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Tuesday, August 01, 2017 6:24:33 PM
Follow me...So, I buy at the BID. It shows up as RED on the ticker. You look at it and it looks like a sell to you. But, now you know, that was an illusion because I, THE BUYER, INITIATED the trade.
Now, does that TRUE SCENARIO above at all follow this supposed "rule of the tape"...
"Sells" are trades at or close to the bid..."Buys" are trades at or close to the ask.
It's essentially defining who is initiating the trade...a "buyer" or a "seller"
No. It doesn't. The first half of the quote is correct, the second half, not so correct. See my point???
Verify any info you "got" here from a supposed knowledgeable poster.
Always do your own DD.
On top of that, the .0082 GREEN T-trade would surely be a BUY but for some reason, we are told by same messengers that no, in the case of a GREEN T-trade, the same quoted logic doesn't hold true. It was really a sell. Always are. Wha???
Oh, and along the same lines, same messengers tell us that ALL T-trades are ALWAYS dilution.
Again, we know that is the COMPLETE OPPOSITE of the TRUTH.
NO DILUTION PAST TWO WEEKS YET TENS OF MILLIONS OF T-TRADES during the same period.
Last week, when we had that T-trade print similarly (GREEN near HOD), next day we rocketed to it, and past it I believe.
Also, note the other two T-TRADES were also MATCHING T-trades.
Don't believe gospel what stock chatboard messengers tell. Of course MM signals mean something to MM's. But, don't take my word for it. Time-tested and still the fastest, easiest way to communicate market needs between makers. Take eyes and attention off fast moving ticker to answer a phone for a simple message that can be conveyed via a trade signal? I think not. Don't be naive when dealing with penny stocks and their players.
BTW, How's it going, CJ? Feeling better.
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