Gawk Inc. (GAWK)

[bucks2pennies]

YES. MMs "dilute" with existing shares. Nothing new. They can either bombard the trade with volumes of shares in their existing (non-new shares) stockpile to stifle the trade (and get rid of existing stockpiles of shares that they hold..or suck in the shares to clear the float and 'stimulate' an upward trend).

I have concluded, with contrary exceptions of course, that often this MM "dumping" maneuver sends a sign of confidence in upward potential. They somehow may have determined that a retail trend to the upside is near...thus lower their current stock supply (with profit gleaned from getting first dibs on "earlier cheap shares"), allowing the correctly anticipated trend to take effect and then begin refilling their depleted reservoir with again 'cheap' shares being sold off by retailers or day traders taking their profit too early, to support the increasing pps to enabling an even longer/stronger than expected (MMs keeping the trade fluid by buying "in") true supply and demand pps rise.

If true, a wise retail investor watches the L2 and goes with the flow also with buying at the "right" time and selling likewise...at least those shares NOT held for the longer term based on some real long study of DD and exceptional confidence in the pps to rise even higher.