The explanation is pretty basic! In the cited situation the SELLER SOLD the shares at the "BID PRICE" OF .0001, thus it is classified as "SELL". The "buy/sell" determination is driven by the share price the SELLER receives. The BUYER is basically a non-entity in the discussion! If the SELLER sells the shares at the "ASK PRICE", the transaction is classified as a "BUY"!
The SELLER "BUY/SELL" metric is one way to view investor interest in a particular equity issue. The BUY/SELL volume is clearly displayed under the TOOLS-TRADE tab here on IHUB.
”The explanation is pretty basic! In the cited situation the SELLER SOLD the shares at the "BID PRICE" OF .0001, thus it is classified as "SELL". The "buy/sell" determination is driven by the share price the SELLER receives. The BUYER is basically a non-entity in the discussion! If the SELLER sells the shares at the "ASK PRICE", the transaction is classified as a "BUY"!
The SELLER "BUY/SELL" metric is one way to view investor interest in a particular equity issue. The BUY/SELL volume is clearly displayed under the TOOLS-TRADE tab here on IHUB.”