Here's a simplified example:

I sell 5,000 at .595

I then buy back 5,000 at .600

I spent $25.00

The price stays down.

I create Fear, Uncertainty and Doubt that the price will increase soon for day traders, or those that want to buy for a quick buck before the news is released on any settlement / agreement.

In the meantime, I buy time (cheaply) as those that bought at .40, to .59 sell for the meager profit at this time... and I also buy additional shares at the bid (or can) as a MM (not that I am, I'm giving this from their perspective.)

That $25.00 is nothing at this point, if I can buy back additional 100's or 1000's of shares for those impatient (or otherwise have to sell due to overall market conditions... margin calls??)

Are you getting the picture?