Forwardly Inc (FORW)

[Howardhaftel]

You are almost correct.
The way it works is this.
The BID is the price the MM is willing to pay
The ASKED is the price the MM is willing to Sell

If the spread is big then he doesn't want to accumulate because he has inventory to get rid of, so he wants you to buy and make the most he can. Only when his inventory runs down does he raise the bid. He will vary the B & A to stimulate buying and selling.