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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT

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To: ST Trader who wrote (927)5/6/1999 11:52:00 AM
From: Selfmade$  Read Replies (3) of 1125
 
Scott, I have LEVEL II, and it showed the two transactions as follows:

20,000 shares 11:13:21 at the ask price of 3.656250

25,000 shares 11:14:03 at 3.62500 which was between the BID price of 3.5625 and ask price of 3.656250

Odviously the first transaction was a buy.
How can you define that the second transaction was a sell, since it was between the ask and the bid??

Please clarify,
Thanks
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