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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted
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To: Roger Brown who wrote (218)2/24/1996 11:33:00 AM
From: puzzlecraft   of 1014
 
Roger: There are always as many shares bought as sold, by definition of
a trade. The stock goes up because the buyers are more anxious to get
in than the sellers are to get out. In other words, the buyers are
willing to bid up the price. However, as to how many shares are bought
by the market makers versus how many are sold by the market makers
on a given day is an interesting question, for which I've never seen
data for any stock.

What I am trying to get a feel for is how often a given TLTK share turns over.
If I buy at 3.8125 and sell two hours later for 3.96875 and the
person who purchased it from me sells an hour later for 4.1875, the stock
has traded three times that day.

Note: in my message to Michael Hillman I started off by saying "Bill". I
meant "Michael".

John
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