Hill Thompson maintains that short sellers provide valuable liquidity to the markets, both in their selling activities and in subsequent covering purchases. Since short selling abuses can be controlled with the anti-manipulation regulations already in place, Hill Thompson believes that additional short sale regulation is unnecessary. Hill Thompson routinely fills orders that are significantly above the minimum allowable tier size in these markets. You will notice that this MM tries to portray that he saved the public money. But really, what he is trying to do is rip the public.
Investors know the risks in investing.
There are many companies that have gone bankrupt and came out of it and did well. Investors take risks. They don't need the MM to 'regulate' the price to their advantage. Something just doesn't add up. Take ADGI for example.