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Non-Tech : Sungold Gaming International (SGGNF)
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To: Archangel who wrote (2386)7/16/1998 8:52:00 PM
From: coach137  Read Replies (3) of 5164
 
My understanding is that the market maker(s) is the buyer or seller on every transaction.

Here are some alternative speculations about what could have been happening.

a. The market maker had earlier cut a deal with some "investor" to sell them some stock at an average price of $1.50 and was simply following through after accumulating for awhile at $1.

b. Someone decided to cover their short.

c. The market maker suddenly becomes pessimistic and makes it easier for some of us little guys to buy in for a few days in order to reduce their exposure.

d. The market maker could have become optimistic and hit all the offers for a few days.

Any other ideas.
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