Teletek: Big Earnings About To Be Posted Message Board

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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: puzzlecraft who wrote (216)	2/24/1996 10:52:00 AM
From: Roger Brown	of 1014

John: When i spoke to the business i trade with (Ceres Securities for only $18/transaction), they stated that the number of shares you see traded within a given day are the number sold. I also wonder where information about the number bought is located. Sorry I'm not much help. Logically, I would assume that if a stock goes up in price, more shares are bought than sold. Thus, further demand means an increase in price. So i guess, technically, the price could go from $4.81 yesterday to $6 with only i share being sold at $6.00. Obviously this won't occur yet this is how the market functions. The market maker has to let an individual buy shares at the market price (ask) and has to let you sell shares at the market proce (bid). The tiny gap of around 5% between these numbers reflects the profit the maker makes.

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