It seems apparent on small volumes moving the price,
that parties are trying to sell small quantities in
order to trigger stop limits. These scalpers likely have
BUY, and SELL, orders open at the same time in attempt
to manipulate price, and accumulate SRT at a discount
to someone elses expense.
Smart shareholders do not use stop loss orders on illiquid
equities like SRT.
After 2 days of trading an average of 1700 shares each day,
we had a whopping 3600 today. It is goofy how some of
these trades go through with 100 share increments?
Someone who buys 125 shares at $4.00, adds .064 to
the buy if the commission fee is $8. That is 1.5% more
on the cost basis.
I can understand someone placing an open limit
"BUY"order that gets partial fills.
But when a scalper tries to walk a tightly held stock
downward with small quantity sells?
All they do, is burn money in broker commissions.