Cascadia Investments Inc (fka CDIV)

[mgland]

Its simple Joyful. Buying the ask supports the upward momentum. When momentum is lacking buying on the bid (placing order at bid price) is basicly fishing for shares. It takes the idea of "this is what I'm willing to pay" and letting it sit out there....someone may give them to you.
Supporting the bid means to keep the spread tight between the bid and the ask. Easy to do...if you have a stock with a big spread put your bid between them and they (mm) will move the bid up to reflect your order(most of the time unless they are hiding bids).
by tightening the spread in this fashion you make the stock more attractive to potential buyers and volume of trades.
Make sense?