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CSykes

11/18/09 1:51 PM

#816 RE: th0th #815

It only tells you who is impatient and decides to buy at the ask or sell at the bud. It has no relevance to supply and demand.

I may "demand" the stock, but I'm willing to wait for someone to sell at my "bid". That doesn't mean there is a change in the demand, or the supply.

Supply and Demand is gauged by a chart, not L2's or time & sales. L2's are actually quite useless in OTC stocks anyway as there is no true "total view" depth available.