Plastic2Oil Inc (PTOI)

[the big guy]

Enlighten me... and I am not a lvl 2 trader...

how does anybody maintain Control by being best on the Bid and Ask?

If I want shares I beat the Bid... or go somewhere in between... and that moves the bid up.

If the MM snaps up my new Bid to maintain Control, that would imply that they take all the shares at that price, and hence the Bid remains where it was (at the lower price, before I put my bid in).

So they have Control, but they just lost money. The same argument can be nmade at the other end of the spread.

Last time I looked, most MMs were doing OK.

This is not even a complicated arbitrage argument, it is just common sense.