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Microcap & Penny Stocks : ACCUGRAPH (ACCUF, ACU.A)

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To: micromike who wrote (117)6/26/1997 12:13:00 AM
From: William Weiss   of 276
 
Sure, I understand the currency exchanges. What I'm talking about is as follows:

If I would have placed a market order today (NASDAQ) to buy ACCUF I would have paid $1.125. Now at the same time had I placed an market order to sell (NASDAQ) I would have sold at $1.0.
I'm saying that "spread" (which goes to the specialist or something) is 12% on a day like today. And I have seen it as high as 25% on ACCUF. It it appears to me that it is lower on the TSE, can anyone tell me if this is true, I have never traded on the TSE.

One thing I can say for sure with spreads at 12% or more even if I like the company tremendously I'm hesitant to invest. If it is any better on the TSE then an investor might as well buy it there.

Even with a 12% spead to overcome I like this company! This company produces quality software!
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