Replies to post #227650 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[TEX]

He didn't say that quite right: MMs can "participate," i.e., they can trade for their own accounts, e.g., to cover shorts.

But they can't make market; no bid/ask will be shown. Therefore, to use your example, a sell order at .015 will have to be matched by a buy order for .015; a buy order at .0002 would have to be matched with a sell at .0002.