CMKM Diamonds Inc (fka CMKX)

[janice shell]

Much of what MMs do could be seen as "manipulation", because part of their job is to maintain an orderly market.

That sounds like a form of manipulation to me particularly when they are the only ones who can bid and ask at the fifth digit but......OK.

Consider this: let's say Koch is selling a very large number of shares. If he just dumps away, the stock will bottom. If he does a negotiated sale, he'll make more money, and the stock will remain relatively stable.

Is it legitimate for the MMs to create that stability? I think so, because a single person's desire to sell shouldn't be taken as a legitimate indicator of market sentiment.