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Daenerys

02/24/14 4:42 PM

#9743 RE: jayben #9742

In general, every trade has a buyer side and a seller side. "Buys" and "sells" are just a market terminology used to classify trades.

The details are a little complicated to explain, but, in general, ignoring the exceptions, consider this example:
The bid is at 2, and ask is at 3. If a trade goes through at 2, it is considered a sell. If a trade goes through at 3, it is considered a buy.

All trading software is different, but frequently they'll show buys in green, and sells in red. Is this what you are seeing or is there something different for FNRC as compared to other stocks you are watching?

Like I said before, for some reason my software doesn't show some of the FNRC bulk sales. I can see them in the ihub's "Trades," and there they are shown as type "ave" or "seq." There were two of those yesterday, and none today. My software showed all of the today's trades just fine, including the large sales at 2; and ihub doesn't not have a different type for them today.

My theory is that the trades like yesterday's two are just "painting the tape" by MMs, to keep the price down. But I don't know for sure, it's just a theory.