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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who started this subject3/11/2001 7:16:33 AM
From: ChrisJP  Read Replies (1) of 150070
 
Hi Jim, I thought this thread might be interested in some of these OTCBB statistics and observations/opinion. Its always good to know something about the pool you're swimming in. Basically, the pool and the number of people in it is getting very small.

quote.yahoo.com

otcbb.com

Total Friday OTCBB volume = 200M shares. If the average share price on the OTCBB is, I dunno, .05, then that means maybe $10M changed hands on the OTCBB yesterday.

So what is that ... a total of 5,000 people out of the entire population of the US and Canada, buying or selling $2,000 worth of OTCBB stocks yesterday ?

And the reality of it probably is that maybe 500 people are trading $10,000 - $20,000 worth of stock and the other 4,500 traded $500 - $1,000 worth.

And of those 500 people, maybe 200 - 250 are connected directly or indirectly with either the stockpit or TGL live.

Pretty wild to ponder when considered in those terms, huh ?
Chris
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