Re:our 1st 10 million share day? Off of memory, I believe

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Re:our 1st 10 million share day? Off of memory, I believe

in response to

Re:our 1st 10 million share day? Off of memory, I believe

biajj

posted on Sep 17, 2009 10:41AM

Good point, Brian and if you take into account, the OTCBB practices for reporting volume traded per day, then the volume is 1/2 of what is reported. OTCBB volume reporting follows that of the Nazdaq whereby both buys and sells are counted as shares traded. One must divide by at least a factor of 2 to get an accurate account of the % of actual shares traded.

http://www.lehigh.edu/~incbeug/Attachments/Anderson%20Trading%20Volume%20paper.pdf

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