Elite Pharmaceuticals Inc (ELTP)

[kayak_wench]

On a whim I decided to buy 100,000 shares. There was about 160,000 being asked for 0.032. So I set a limit order for 100,000 at 0.032. The first 15,194 traded at 0.032 but the rest were purchased at 0.0313.

So this is obviously MM games but what is the purpose it is like they stopped processing at a price that would make them more money and gave me a discount. The number of shares offered at 0.032 stayed relatively unchanged at ~150,000k.

The above makes it seem that a MM wants the stock to appear weak. That is the only reason I can see for given me a slight discount.

BTW, I am happy to have been given it. I didn't buy the shares to increase today's price I just looked at how healthy the company is financially right now and thought 0.032 was a reasonable price.