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Microcap & Penny Stocks : Manhattan Scientific....MHTX
MHTX 0.00010000.0%Jul 1 2:33 PM EST

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To: tcd who wrote (408)6/5/1999 5:41:00 PM
From: John Finley  Read Replies (3) of 942
 
Re:>>on the subject of 1.3 million, I thought it was an indicator of how many shares were bought and sold. Is that correct? <<

Supposedly for every seller there is a buyer. I've heard stories of double counting, market maker accumulation/short selling, and market maker transfers. I don't know how much of this goes on but for our purposes let's assume some people sold 1.3M shares and (other?) people bought those 1.3M shares.

My question is: who sold the 1.3M shares? I would hope one day in this information age this kind of information would be available real-time. Until then we just have to feel around with our eyes closed.

JF
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