San Gold Corporation

That's called a peg order RP and IMO the MM is on a fact finding mission to see just waht's up. Nothing more frustrating than when the SP performance has nothing to do with the fundamentals of a company but I guess that has become the norm on every market on the planet.

Peg orders

To behave like a market maker, it is possible to use the Peg orders:

[edit] Peg best

Like a real market maker, the stepper:

The conditions are:

• price limitation, no more jumping over, unless the price moves back to its area.
• the step value.