Can someone explain to me about a stock specialist?

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I have read this outside . Just want to see other takes / views. Not firmly grasp the concept . MedlinePlus MedlinePlus MedlinePlus Specialist MedlinePlus A bag that acts as a market maker to facilitate the trading of a given stock. The specialist has an inventory of stocks , supply positions and ask prices , manages and executes trades limit orders . Specialists are also responsible for the management of large movements by trading their own inventory . If a large change in demand in the buying or selling side , the specialist intervene and sell their inventory to meet demand until the gap has narrowed. MedlinePlus Usually, a specialist per share you are willing to step in and buy or sell shares than necessary to ensure a fair and orderly market in that security .

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