Bioelectronics Corp (BIEL)

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The MMs hide their manipulation behind their 'Making a Market' mandate to create liquidity.

The SEC usually leaves them alone unless they do something outrageous or an insider blows the whistle on them.

The MMs only Shorted 1 million shares today, very low for BIEL, most days the Shorting is in the 50% plus range. They are supposed to hold an inventory of shares in all the companies they cover but that ties up money, easier to Short when they run out of shares. Traders Sell to and Buy from the MMs not other Traders.

20230530 | BIEL | 1004417 | 6874961