Replies to post #15355 on Wanderport Corp (WDRP)

[Gold_Icon]

dude u have to take it easy , those are the MM making their usual moves, to manipulate the PPS , they walk it down or make small transactions on the bid to drop the pps trying to hold back the price , they dont want it to run . WDRP !!!

[TONY64]

MM must buy shares at the lowest possible price. They will execute the little sells among each other to bring down the price and accumulate shares. This could also be done buy a group of people that work together to buy up a float.

From Wiki.
How a market maker makes money

A market maker makes money by buying stock at a lower price than the price at which they sell it, or selling the stock at a higher price than they buy it back. Ordinarily they can make money in both rising or falling markets, by taking advantage of the difference between "bid" and "offer" prices.

Stock market makers also receive liquidity rebates from electronic communication networks for each share that is sold to or purchased from each posted bid or offer. Conversely, a trader who takes liquidity from a bid or offer posted on an ECN is charged a fee for removing that liquidity.