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Re: lucky, mydog post# 10347

Tuesday, 03/25/2014 7:42:16 PM

Tuesday, March 25, 2014 7:42:16 PM

Post# of 21822
Do you really find that to be some insight to investing? Let me rock your world.

There has to be a seller for every buyer. Every buy is also a sell. Today there were 1,095,208 buys and 1,095,208 sells.

Crazy, huh?

It's just the price agreed on that dictates a buy or a sell tag. If the person asking lowers his ask to meet the bidder, it's logged as a sell. If the person bidding raises his bid to the ask price, it's a buy.

The problem with this is that the bidder could raise his bid by 10% and then the seller could lower his ask by 2% and it would still be considered a sell.

It means nothing. Only the price means anything. We all know the price dropped today - no stock goes up every day.

Hope that helps you.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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