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Re: None

Thursday, 08/21/2014 3:44:02 PM

Thursday, August 21, 2014 3:44:02 PM

Post# of 160271
WASH trades again! LMAO Back to .0004/.0005. I knew it!!! LMAO

Wash trading is illegal, as it is done in order to manipulate the market and prompt other investors into buying the position. A quick turnaround in positions isn't considered wash trading, as long as the transaction creates market risk for the trader and changes their market position, even if only temporarily.