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To: Bald Eagle who wrote (19160)7/9/2003 12:16:05 PM
From: Joe Lyddon  Read Replies (1) of 32936
 
I don't know if it's being PAID for or not. . .

The example that you showed is not unusual for a small stock that very thinly traded. . .
In contrast, look at the charts of INTC or AMD or MSFT, etc.

Any stock that does not trade very much will bounce around just on a Buy vs a Sell because the "spread" is so huge that it makes it look like something is happening, where in reality, there has been no price change at all!
For example:
A stock has a Bid of $.10 and a Ask of $.20
If someone Buys, the chart will reflect $.20
Now, if the previous transaction was a Sale, it would have reflected a price of $.10 on the chart, here comes a Buy. .. when looking at the chart, it appears that it went up 100% doubling the money. . . or losing a bundle. . . NOT. . .
The price did not change at all. . . just the difference in the spread did it. . . A Buy vs a Sell being charted.

See what I mean?

Joe

Edit: The chart you displayed, Tell Labs, was for an 60 minute chart that apparently had nothing to do with the real stock! Looks like a problem somewhere. . . should be reported to the Chart Service co.
Joe
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