Replies to post #7252 on PharmaCom BioVet Inc. (PHMB)

[pennyjunkie]

When people buy shares at the bid...
(and the MMs want to walk it down)
the price drops. IMO to say that every
trade is a buy and a sell is far too
simplistic. MMs maintain an inventory and
create liquidity when they buy and sell
into and out of their position. Hedge funds
and MMs naked short on a daily basis for
fun and profit. Every trade is a buy and
a sell, but not a valid indication of
supply and demand. In this market,
manipulation sucks millions of dollars
out of retail investors' pockets every year.