HPIL Holdings (HPIL)

[shotsky]

Dilution only happens when the company issues new shares. It has nothing to do with MM's. It happens when there is a placement or a conversion. Or shares can be offered to acquire ownership of another business.

Also, MM's have a spread. If you buy shares within their offer price, you are guaranteed to get them. If you sell shares within their bid, you are guaranteed to sell them. MM's MUST buy your shares if you are within their spread. They are obligated to SELL your shares if you are within their bid.
MM's don't give a rats ass what the share price is doing - they make their money on the spread, regardless of price action. They get money at both ends - the sale and purchase of the same shares.
However, if you sell at MARKET, you are within their bid because you are saying you will take whatever you can get for them. And, if you buy at market, you are saying you will pay anything for them. THAT is the biggest mistake traders make - the only way to work this market is with limits, both on buying and selling.
Any time you see the share price tanking is when people are selling at market. It is stupid traders that drop the price, not MM's or some other boogeyman.