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splintered sunlight

02/15/22 1:30 PM

#3091 RE: Traderfan #3090

IMHO lately there has been a lot more selling than buying.

We were trading in the 8's with buying pressure.

Now we are trading in the 5's with selling pressure.
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SmallCapValueInvestor

02/15/22 1:35 PM

#3092 RE: Traderfan #3090

The ppl who say there are no sellers becuase there is very little volume don't understand the market. For some reason, when it comes to the stock market, some forget that the same prinicples apply.

If you are posting shares for sale, you are trying to sell. The volume only confirms that the transaction executed by matching a buyer and a seller. If you post 50 items on Ebay, you have 50 items for sale. If you only sell one, you only sold one, but the other 49 are still for sale and you are trying to sell them.

If you lower the price you can probably find a buyer, but you want the price you have calculated so it will sit for sale at that price until a buyer comes or you lower your price out of frustration.
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Patrick Bateman

02/15/22 1:51 PM

#3093 RE: Traderfan #3090

I’m not sure what you’re talking about.

Boggles your mind?

The buying and selling have been tiny. On a BIG volume day, the dollar volume is like $15-20,000.

As I’ve been saying, this is nothing.

Wait till there’s news that triggers either buying or selling.