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Re: AiKiXeN post# 26526

Friday, 01/29/2010 11:18:37 AM

Friday, January 29, 2010 11:18:37 AM

Post# of 72328
Since ZVTK went to the OTCBB, some brokerages aren't posting the bid/ask. The trades screen keys off the bid/ask. If a trade comes through at the bid price, it registers as a sell. Likewise, if a trade comes through at the ask price, it registers as a buy.

Point to keep in mind -- if you buy at the bid, even though it is a buy, it is registered as a sell. That is why, when a stock is on a tear, you see posts that scream to buy at the ask!! Buying at the bid shows as a sell, or red, and it slows down the momentum. So you are just hurting yourself buying at the bid in that instance.