Wednesday, April 25, 2018 8:40:39 AM
Ok lets do this, pick a random Pink sheet company, that trades about 50 to 100k shares per day, did not have any news that day and write down the symbol. After the bell tonight look at the trades and see if the last trade is a Buy or a Sell. In a Perfect world it should be 50/50. That being said, day traders normally get out at the end of the day so IMO the ratio should skew towards the 80/20 (sell/buy).
Sound logical? If so it is probably true, I don’t know, I could be wrong Prop could be right that it is not normal for the last trade to be a buy. I'll admit if I'm wrong.
Xster Homework
Here is link to the stock list off OTCBB Companies
http://eoddata.com/stocklist/OTCBB.htm
My pop up blocker made me choose I picked the middle of the 3
Sound logical? If so it is probably true, I don’t know, I could be wrong Prop could be right that it is not normal for the last trade to be a buy. I'll admit if I'm wrong.
Xster Homework
Here is link to the stock list off OTCBB Companies
http://eoddata.com/stocklist/OTCBB.htm
My pop up blocker made me choose I picked the middle of the 3
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