Franklin Mining, Inc. (FMNJ)

[imanjen13]

Let me explain the trade you cite. At 11:39:58 a trade of 75000 shares @ .0055 was printed, At 11:42:39 a trade of 75000 shares at .0065 was printed. What probably happened was that Mr. Smith sold 75000 shares @.0055 throgh a MM and rec'd $412.50. Mr, JOnes bought those shares through the same MM at .0065 for a cost of $487.50. The MM who acted as agent for this sale made the difference or $75 for handling the trade. The MM in this instance had no inventory in his portfolio of fmnj shares. Hence while a total of 150,000 shares are counted as a trade, in fact, only 75,000 actual shares were involved. This is called doulble couting . Yesterday a block of 2.7 million shares were doulble counted to show a total volume of 5.4 million. As you can see sometomes vplume figures are exaggerated by this methid of counting shares.