"if people are willing to buy at higher levels the bid will come up regardless of the mms."
MO - true - but not regardless of the mms - depends on their objective. they still set the pps - .
"What reason would market makers have to keep the price down? Dont tell me accumulation either."
Why not accumulation - if that is their objective You're right - if they don't want to hold the stock they won't accumulate.
If their objective is higher prices - they will accumulate within a range - common sense (to them) - wouldn't you buy and accumulate if you knew your objective was higher prices.
trouble is we never really know what their objective is - so it will always appear to be a mystery.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.