Bebida Beverage Company (BBDA)

[StarterKit]

I agree with you, but I also see Navy's point of view. He is thinking that if everyone stops buying at the 4, then the MMs will move the bid to 5 to attract buyers. But, the problem isn't really the buyers, it is the MMs who are holding the price steady (or slightly down). I think that the MMs are nervous now (with the SS up in the air). After all, who wants to buy stock at 5,6,7 or higher when it could plumment due to bad news about the SS? Once the SS update comes out, the MMs will feel more confident and will probably let the price go where it may. And it won't take an hour and calls from brokers to get buys at the ask to go through. Imagine what could happen if they (MMs) take their hands off the reins and let the horse pick the path.