Sonoma Pharmaceuticals (snoa)

[chmcnfunds]

Gotta agree with you. Good luck. Such a frustrating stock to trade with the small number of outstanding shares. Always a wide spread between bid-ask and generally Nasdaq is the MM on both ends. The Level II may show there are 100 shares on either bid or ask and when the trade is made there might be 1000's of shares which are traded. From where? I guess the best thing to do is not watch and hope for the best.

I believe Dan Ward who knows the stock well has a big position at a much higher level:

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Daniel Ward, CFA
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@danwardbio
Feb 1
More
(2/2) When saw $SNOA in 4.70s while $SNOAW 0.44 x 0.45, felt SNOA/SNOAW ratio off a bit so trimmed off 10% of my $SNOAW at 0.44. Will likely look to add more $SNOA tomorrow in 4.70s.
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SNOA