Cascadia Investments (CDIV)

[chart-trader]

Hi BillyJack,

I am reading like crazy all the posts I can these days so I can understand more but here and there a question pops up in my head and here's one:

So the premise here is that MMs are just shorting but I believe they are making money both ways - long and short. So let's say they drive the price down to 10 cents (from .70) by shorting. That will scare the crap out of a lot of beginners so they will not shake a LOT of shares out of strong hands here but they WILL shake some out of those that cannot take too much pain (red). Then one day they decide to go long and start buying at .10 and drive the price (with big volume) all the way to $1. So for them that's a 10-bagger right there in profit. At $1 they start selling and shorting again and drive it down back to .30.. Do that a couple of times and they made pretty penny. THEN, after they made a killing they say "OK, let's now cover and get the hell out of this crazy pinkie... so then the real deal starts and everybody here makes mucho mullah." By covering their shorts they lose money but they offset it in the meantime by gains as I described so they may lose a little bit here but that's 1 out of 999 they win so I see them just fine and therefore 100+ million dollar profits for NITE last year.

In that scenario we get what we are here for but I just don't see how "MMs lose their jobs, they get fired, they get blasted, bla bla.." In the process of manipulating the price and walking it up and down they are making a lot of money. So in the end they are fine and we are too. The only losers are the ones they get shaken off in the process.

Am I missing something here?