Patriot Scientific - PTSC Message Board

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Microcap & Penny Stocks : Patriot Scientific - PTSC

PTSC 0.589

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Jan 15 4:00 PM EST

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To: Brian Dittmer who wrote (4722)	4/7/1998 5:44:00 PM
From: sdr	Read Replies (3) of 8581

Brian, Your input is great but something doesn't add-up - OTC stocks are counted twice - sell and buy - not necessarily the same amount - your post indicates only 15,000 shares were sold - can't be - the wholesalers do not have the inventory to satisfy the buy side - I realize they must go short to satisfy the buyers which is one reason you see greater price volatility on the downside on relatively low volume after a big move up- the market makers need to cover their short position - the type of mkt. maker in a bulletin board stock rarely if ever goes long or short overnight - too much risk - they are not investors just go betweens with little or no brokers at their firms - I suppose they could be tied to a large seller but you still need to post the sells - curious - G

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