bulls on parade!, page-2

Nice figures vendetta but let's not get carried away.
MBT will go a long way and make us all some good money on the way but I just thought I might give you my views on the market depth,

Whilst I agree with you that MBT is looking very bullish, only viewing the total buy and sell ratio for any stock, can be a serious folly.

For MBT 1,412,868 Buy v’s 288,350 sell.
Those numbers can be, and often are manipulated to either dampen or foster transactions one way or another, especially during the pre-market and closing auctions.

Even now, after market close, if you only consider the top 10 as shown in your list, the buy sell ratio is 403,763 to 230,350.
Not quite as dominating is it?

But if you only take into account the top 5, ie, those who have serious orders in place at the moment, the ratio is 125,137 to 147,670.
Now the sellers outnumber the buyers.

But then there's the ones coming in from the sidelines to think about,
Those buggers who don't put in an order that will sit there and be visible, but rather take a bite straight out of the que.

It's these latter trades that tend to drive the share price, not the market que, and it needs a bit more scrutiny to determine which way those shark bites are nudging the price.

Just my observations of course and I would welcome any further insights into the mysterious ways of the market.

Best regards all.