Tuesday, July 07, 2020 11:32:19 PM
Here we go again. I suppose to some this is quaint.
O was a very young broker in roughly the second year of NASDQ, It was the computer trading system.
Lets say Joe the trader at Brilliant Trading wished to buy 1000 shares of WGHT, Weight Watchers from Sam; the trader at E.F. Nuttin, my name for them.
The trade takes place for 1000 shares. Wham, volume shows 2000 shares.
This is a head scratcher, right? In my 12 years as a broker this is how volume was counted
If a broker at my firm sold shares that I bought it did not double. Therefore we always discounted volume by 50%, unless I knew it was a cross at my own firm.
Hope this history does not cause confusion.
In todays system with CYDY trading more shares than the entire NYSE did in most days there appears to be volume flaws. Notice that in such volume, criminality is easier to hide such as the illegal naked short, bear raid one week ago. Also notice the SEC has not investigated . Does the SEC Care?? I do not know.
Back to your question; post market volume.
This is called T-Trades.
Again boring and close to worthless info. I never give a T Trade post more than a second of thought.
On a side note, at my University, one day the subject was; will the NYSE Volume ever cross 10 million shares?? I am not kidding. Remember it like it was this morn.
Been thinking about Buy outs. This is terrible. Any investor that is happy with 30$, hang around. CYDY will buy your shares after FDA approvals hit.
That analyst that swaps from buy to hold to buy to hold. A man of true convictions, NOT. He would last a week in the 1970s. Made of Jello. Quote me, that's a palpable quote.
Recent CYDY News
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