Are the MMs subject to the same shorting rules about borrowing stock, naked shorts, etc. as the rest of us? How far can the market maker go in the hole? It would seem that a MM is on a cash basis - not margin. When a MM decides the market got away from him does he just take the loss and cover or what?
Am I correct in thinking there might be an upside to the shorts accumulating BORK. . . could it be as simple as their 'method' for accumulating shares for their perception of a big move up. . .
. . . what you explained is several levels above my investing knowledge, interest, or capability,given my time allocations.