here is something to take a look at can a mm contr

here is something to take a look at can a mm control the pps.

yes they do. as with righ we have high volume but the pps is not going up at this time it is called a ax here is how it works.

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Example of an ax who is selling:
When the market is rallying, the stock has a hard time moving higher, seemingly
hitting a wall every time. And every time the wall seems to have the same
initials and yet, when the strength subsides, the stock has no trouble falling.
And funny enough, the ax seems to be following the stock down. That's where
Level II comes into play. You have now found the missing link per se. You can
see around the corner and start to see patterns.

MM AX is on ask - it means he is driving price down - not good for us because
we are buying and not shorting the stock (can't short OTCBB).

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IMPORTANT
Some ways MM's entice sellers:
1. Run the stock up with a "tight spread" in a fast market, then "open" up the
spread to slow down the buying interest. After it has "cooled off" for a little
while lower the offer below the last trade right after a small piece trades on
the offer then tighten the spread so that the sellers feel they can take a
"quick profit" by "hitting the bid" on the tight spread. Once the selling
starts the MM's will walk it down quickly by only making small prints on the
way down with the tight spread.

2. Another way is by running the stock up in the morning, averaging up their
short then use the above technique to walk it down in the afternoon. Hopefully,
after doing this for several days, it will demoralize the buyers. The volume
will dry up and the sellers will materialize thinking that the game is over.
Contrary to popular opinion, MM usually Do Not Cover in Fast moving markets
either Up or Down if they are short. They Short More. They usually try to cover
after the frenzy is out of the market. There are many other techniques they use
but the above are the most popular.

These techniques work about 9 times out of 10 particularly in a BB market.
However, that is because 9 out of 10 BB stocks are BS. Remember what I said
above. Most MM's don't have a clue as to the value of a Company until they get
trapped.

Example:
The ax seems to be following the stock down. Ax is killing stock on ask.
Question: If this behavior is recognized what would be the appropriate course
of action? Going long the declines or selling the rallies?

Answer: selling the rallies. Since we can't on OTCBB and Upside is limited
every time the stock tries to advance. Instead of trading against the ax and
hoping that the buyers will overwhelm him, it is much smarter to sell with the
ax and watch the stock fall as buyers pull away. Hence you would short it. The
only kind of buying which should be going on is the covering of short positions
as necessary. Work with the ax to your advantage.

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read more here is the reference on this
http://peppa.com/stocks/mm.txt