Beks Food International (BEKF) Message Board

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Microcap & Penny Stocks : Beks Food International (BEKF)

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To: Amir Feinsilber who wrote (56)	11/16/1998 11:22:00 PM
From: Fred Seitel	Read Replies (1) of 92

>What is going on and does anyone know the >reason why this double-printing may happen? This is a bb stock. When you bought your 500 shares, a market maker (MM) sold it to you. He or she may then have purchased 500 (or more) replacement shares from another MM. (Why? I don't know.) So trades between MM's show up on the electronic bulletin board system and are counted in the total volume. This happens very frequently. My general rule is to divide the daily volume by 2 to arrive at a more realistic estimate of the shares actually traded by investors (end-users as it were). Hope this helps. I'm not in the investment industry. If any experts see inaccuracies in what I've stated, please post the corrections. You may be able to watch the trades occur (with 15 minute delay) via the following link: fast.quote.com - Fred

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