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Microcap & Penny Stocks : SIIS (Struthers Industries)

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To: TMMH who wrote (392)6/9/1997 7:20:00 PM
From: gpphantom   of 709
 
TMMH,

I agree that with this kind of volume we should see larger spreads. Earlier today when I checked the spread was only 3 cents. I can't believe that investors like you and me are behind these volumes, and certainly not as sellers. Someone has to be accumulating and again it can't be investor's like us because the MM would increase the spread. So who's buying? Is it the MM and who's he buying from? This volume with the lack of price movement makes no sense to me. If someone other than a MM is buying, it seems their getting preferential pricing, i.e., the small spread. Does anyone have any thoughts as to what's going on. If it's MM manipulation, what's the purpose with such narrow margins?
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