Sometimes the MM's will go andlower the price and than take out
take all the Stop Loss orders that
were sitting there and than walk the
price back up. On the US Big Board they
do this once a week on stocks.
Once I had a stock at .27 and they went
and took it down to .13 taking peoples
stop loss orders. When they were done
a couple of hours later the stock was back to .27
They now have some cheap stock for under $1
they will sell it later today.