All Stocks Are Not Created Equal: Evidence from the S&P Indexes Float Adjustment Ernest N. Biktimirov. In this article, Biktimirov examines the link between the demand for stocks and the prices of these stocks. The aim is to determine whether the demand curves for stocks are flat or whether they slope downward. A flat demand curve means that the price of stocks will not be influenced by the demand for these stocks, whereas a downward sloping demand curve indicates that a fall in demand will cause the price of the stock to fall. More...