Replies to post #1194 on American Scientific Resources (ASFX)

[slazenger7]

Time and sales show all my buys at the bid as sells, not buys.

ASFX(2008/06/20)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
13:04:45 80851 0.007 - OTCEQ_NBB
12:59:27 5000 0.007 - OTCEQ_NBB
12:58:03 50000 0.007 - OTCEQ_NBB
12:33:00 339149 0.007 - OTCEQ_NBB
12:29:36 19149 0.007 - OTCEQ_NBB
12:29:06 50000 0.007 - OTCEQ_NBB
12:29:00 50000 0.007 - OTCEQ_NBB
12:28:54 50000 0.007 - OTCEQ_NBB
12:28:51 20000 0.007 - OTCEQ_NBB
12:28:42 50000 0.007 - OTCEQ_NBB
12:28:21 50000 0.007 - OTCEQ_NBB
12:28:15 50000 0.007 - OTCEQ_NBB
11:51:45 50000 0.0075 + OTCEQ_NBB
11:39:45 88000 0.007 - OTCEQ_NBB
09:59:18 100000 0.007 - OTCEQ_NBB
09:57:27 50000 0.007 - OTCEQ_NBB
09:30:30 5000 0.0075 OTCEQ_NBB

[Northcoast Pops]

It's all in definitions. In every trade someone buys and someone sells. When you are the high bidder and someone sells at that price they came down from the lowest ask at that time to meet your bid, hence a "sell."

If you had raised your bid to meet the lowest ask at that time it would be considered a "buy."

FWIW I don't like to use "buy" and "sell." I prefer "transaction at the bid" or "transaction at the ask"