Rock Ridge Resources, Inc. (RRRI)

[Irgitupp]

Hello,

Thank you for your answer

That is true! The MM is not required to keep inventory unless in an agreement. Just my misconception.

It may be I have plased this wrongly, when it should have been:
Market Maker is accumulating because:
A market maker compets for customer order flow by displaying buy and sell quotations and fill an order he has to sell from his inventory. So in a demand growing market it is reasonable to say the MM wants to add to his inventory.
That is how I meant by MM is accumulating shares, to his inventory.
That does not say he is required to keep inventory unless the firm requires him to do so with an agreement. A reasonable amount of shares to sell from his inventory to investors because it may come time when the shares in the stock is much higher the investor won't sell his/hers shares and then the MM fills from his inventory.

I will not dwell into this subject but is it not reasonable that a MM keeps inventory of his own. And is it not true that a firm having at least one MM for making market for their shares would require the MM to buy at least some great amount of their shares? An agreement with the firm?

For others to read,
here is a quote from the Investorpedia.com
Market Maker:
A broker-dealer firm that accepts the risk of holding a certain number of shares of a particular security in order to facilitate trading in that security. Each market maker competes for customer order flow by displaying buy and sell quotations for a guaranteed number of shares. Once an order is received, the market maker immediately sells from its own inventory or seeks an offsetting order. This process takes place in mere seconds.

Notice the words: sells from its own inventory.

All the best,
Irgitupp