I've always heard that bikes can flib-flop from pedestrian traffic laws to vehicle traffic laws depending on where you ride i.e. if you are on a sidewalk/cross walk you have to follow pedestrian laws, if you are on the road you have to follow vehicle traffic laws and that's why you can cut through traffic at the cross walk or sprint through a light legally if there is no traffic the same way a pedestrian can cross the street against a light when the coat is clear.

Is this all bull****?