Replies to post #89365 on NSAV Holding Inc (NSAV)

[Luckyus]

This is oversold or 99% of weak hands been gone and Sec Current will be happened just a matter of time. I am in no worry here, Buy and hold and thanks for the 3s and will grab more and more.

Go JT, Go the Team, and go NSAV.

[jusrelax20]

They aren't meaningless. How do you think charts are derived of. It is a huge part. Selling into the bid isn't considered a buy. That is a sell. The action that cause the transaction is someone selling. Now smacking the ask as people refer to it or buying into the ask is considered a buy as they are purchasing at above or equal the last purchase price which stabilizes or raises the PPS. Anything that lowers the PPS is considered a sell.do you even know how to read Charts? Or do you just go off hype and what people say?

[Major Profits]

If they were "meaningless", why do they exist? Common sense tells me it exists because it's a useful tool.

Volume alone really shows NOTHING more than the amount of shares bought/sold! Sure it indicates the amount of action a ticker is getting but what good is it if you have no idea what investors are doing to create that action? Buying and selling volume give us an indication of that activity.

Buying volume is the number of contracts that change hands at the ask (offer) price. Selling volume is the number of contracts that change hands at the bid price. Changes in volume, and whether more transactions are occurring at the bid or offer, give traders short-term indications of where the price could go next. Unfortunately, who is buying and selling, and where, is in constant flux. Therefore, volume tells you quite a bit about the market, but it is just one tool, and shouldn't be relied upon in isolation to make trading decisions.

Yesterday's trades here clearly showed what many investors wanted. THEY WANTED OUT AND THEY WANTED OUT QUICKLY (AND MAY HAVE HAD LITTLE FAITH IN THE COMPANY), AND THAT IS WHY THEY SOLD AT THE BID AND DIDN'T DESIRE TO WAIT TO SELL ON THE ASK WHILE BUYERS DIDN'T WANT TO PAY THE ASK PRICE AND, SO, DIDN'T DESIRE TO GET IN QUICKLY.

Again, volume alone merely shows the amount of action a company is getting but it doesn't indicate whether people are selling at the BID ("Bid Whacking". Investors wanting OUT quickly, which pushes the pps DOWN or buying at the ASK ("ASK Slapping". Investors wanting IN quickly which pushes pps UP).

Oh well, to each their own. ;-)

JMOs

$NSAV :-(