Birdwatch Note Rating
2024-12-19 10:04:12 UTC - HELPFUL
Rated by Participant: D90F47A3C407A07E553D8B22A73D287EB1C24C459D03D40794E2C2D729ABB1B6
Participant Details
Original Note:
Lower prices do not indicate “more” people are selling. It indicates, more of something is being sold than the existing demand. It’s not the number of people selling but the quantity being sold that matters. This is unlike X ratios that Greg seems more familiar with. https://www.investopedia.com/ask/answers/041015/why-trading-volume-important-investors.asp https://www.unomaha.edu/college-of-business-administration/center-for-economic-education/teacher-resources/prices-we-pay.php
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