RE: RE: Buys and Sells12 Mar 2019 08:44
I explain this every few months, and I get ignored. The share quote has three prices: a bid, an ask, and a mid. Any transaction is always between the bid and ask, and always involves a buy and a sell in the normal sense of those words. However, in the sense here, if the transaction price is above the mid price, it is listed as a "BUY", and if it is below the mid-price it is listed as a "SELL". This is because these terms refer to liquidity and not transactions. If you are above the mid-price you are removing liquid stock and if you are below then you are adding liquid stock from the point of view of a market-maker. I know you will all ignore this post, and make up some crazy theory of your own, but I do live in hope that someone will actually listen. I will make the same post in three months, probably to the same people.