Wednesday, July 14, 2010 1:44:07 AM
from what i saw on L2, a lot of the buys coming in were below the ask and at the bid. these show up as sells instead of buys. don't want to get into the logistics of it all, but folks, if you're buying a stock and you want it to trend upwards, don't try and buy below the ask. i shouldn't need to tell you what this does. it shows up as a sell for a reason.......you're buying shares at the current PPS or perhaps below it, meaning you are not helping it trend upward and could be helping it trend downward even though you are buying.
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