DSS Inc (DSS)

[Chas1961]

Part Two MMs....

"For the scenario where it is the MM acting as seller, what scenario could there be for a MM to want to walk the sp down??? I can see this logic when they act as buyer, but if they have to step in and act as a seller, I would suspect that they would want to make the buyer pay premium pricing if this buyer really wants to get his fill. I'm not an expert on MM ops, so I'm open to hearing whatever anyone's got on these questions"

Let me start by saying absolutely no one can ever predict "why" an MM will take a stock where they do. They serve a very important purpose and typically "retail" investors will blame these big unknown types for all a shares woes. MMs track thousands of stocks a day and I can guarantee you that their only concern is to make a market and make money. Sometimes that involves shorting (regular/naked) pushing PPS up or down. For the most part they get the same news (maybe a few minutes earlier) than you and I get. They see all the requests for buys and sells and at the end of the day will move the stock in the direction that will give them the most profit.

DSS is very thinly traded. As a TA guy it is obvious that this thing is wrapped tight. Not so long ago this thing went from 2.40 to 3.64 on no news in 4 days. Volume was 365K-500K over that 4 day period. I guarantee you this much, no stock moves like that on low volume like that unless there is a short or no stock trading firm hands. As you can see the short interest as well as the threshold list has been part of DSS since that last increase in PPS.

Is there a conspiracy? I don't think so, Do they have to cover-heck its the end of the quarter, I hope so. I watched closely as ARCX remained on the ASK at 2.45 for all but the last 15 minutes two days ago. ARCX is notorious for short selling. They were not buying they were selling. Thats what I call an MM who is on the ASK. I have no idea when they were active and no reference to know when they bought those shares that they sold back. There was a ton of short selling going by the tool I use here before merger vote:
http://www.shortanalytics.com/index.php

Now would it make sense to cover that bet since it actually came through. I would say so but each investor can draw their own conclusions. What I will say is that a market maker makes money going up or down. Saying they are driving it down is a little like the sky is falling IMO. That would infer they have some type of "emotional" attachment with a stock-I assure you there are none.

My next thing will be maybe where it might go...