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Microcap & Penny Stocks : ACCUGRAPH (ACCUF, ACU.A)
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To: micromike who wrote (130)7/3/1997 4:10:00 PM
From: Serge Collins   of 276
 
I find it interesting how Accugraph trades on NASDAQ. For example, the stock traded $1 bid $1 1/32 ask all day; then with only a few minutes to go in the trading session, the stock falls to 31/32 and closes there.

I doubt very much if this was someone trying to sell at any price; it's more likely the market maker trading it down for some reason.
I don't know who does market for this stock but this sort of thing happens too often. It may seem like just a small drop, and it is, but it drops the price below the psychological $1 barrier.
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