DislikedAlright, thanks for comments! Need more practice with volumes {image}Ignored
The MMs are bears, and by manipulating the price to constantly pullback a bit, they are able to get a lot more shorts on the books without the price dropping too fast. Keep in mind this is very late on a Friday, so the MMs have practically no resistance to their price manipulations and they have no competition for whatever liquidity remains in the market.
They might suck up all the liquidity the market has right down to the lower whole number in their quest to build a short position. Nothing can stop them from doing it. Later, or next week they can run the price right back up and start over again, averaging out a huge position at a very reasonable price. And, it also suggests they anticipate such a follow-on MARK DOWN that they don't need to be so concerned with shorting anywhere in today's price range.
-tah