QBID ---- TRAINGLE MULTI-MEDIA INC.CLOSED YESTERDAY AT .0007
UP 133%
TOTAL DOLLAR VOLUME IS $1,503,239
TOTAL SHARES TRADED 2,147,483,600
TODAY ANOTHER 100% AT .0014
02/05/2004 0.0007 -1,265,852,994
02/04/2004 0.0003 1,187,103,617
02/03/2004 0.0002 1,022,443,004
02/02/2004 0.0004 -1,461,179,144
THIS IS A REALLY HUGE DOLLAR VOLUME ON SUCH A PETITE/PINK STOCK; HENCE IT HAS MY ATTENTION. AS MOST OF YOU KNOW ALREADY, YOU CAN BUY MANY STOCKS BUT THE DOLLAR VOLUME AMOUNTS CAN REALLY STICK YOU WHEN YOU GOTO SELL.
NOW A WORD OF CAUTION:
INDIVIDUALS/BROKERS,PRIVATE PEOPLE CAN ALL PLAY TAG. WHAT THIS INVOLVES IN SEVERAL/MANY PEOPLE PUTTING IN WEIRD BID/ASK.
FOR INSTANCE, LET'S SAY STOCK A IS .01/SHARE.
TOM, DICK AND HARRY EACH OWN 1 MILLION SHARES EACH.
TOM PUTS A LIMIT ORDER IN AT .01 OR BETTER.
DICK PUTS A BUY ORDER IN AT .10 OR LESS.
DICK BUYS TOMS SHARES AND TRYS TO SELL ONCE AGAIN.
HARRY PUTS A LIMIT ORDER IN AT .20/SHARE.
DICKS SHARES SELL AT .20.
ALL THE MONEY STAYS PUT BETWEEN THE THREE BUT THEY CAUSE THE STOCK PRICE TO SHOOT UPWARDS. NOT SURE IF THIS IS THE CASE HERE OR NOT. I'M INCLINED TO BELIEVE THIS NOT TO BE THE CASE DUE TO THE HIGH DOLLAR VOLUME ON THIS STOCK.