T M M Inc (TMMI)

[Agoura Guy]

So rather than allowing free markets to achieve natural price discovery based on supply and demand crooked Market Makers engage in brazen market rigging and front running of customer orders.

"Short "Volume" Example: 1,000,000 buy order comes in. MM doesn't have 1,000,000 handy to fill the order, so quickly shorts 1,000,000, fills the order for the customer rather than keep them waiting. Then after taking a sip of coffee, covers the temporary short."

There is no guarantee the crooked Market Maker will find 1,000,000 shares without moving the price higher, so the naked short remains open. As a result the stock price is depressed from where it would be otherwise.

Crooked Market Makers keep this criminal activity going for years hoping the underlying issue will fail and eventually get delisted. Most do but sometimes this strategy backfires and eventually they are forced to cover.

Crooked Market Makers are a throwback to the past, they are parasites on the system which no longer needs them for order execution.