InvestorsHub Logo
Followers 403
Posts 58394
Boards Moderated 16
Alias Born 05/01/2010

Re: specutator post# 117948

Thursday, 09/14/2017 12:50:15 PM

Thursday, September 14, 2017 12:50:15 PM

Post# of 123645
LOL!!! What? That's false and misleading. Market manipulation is illegal, there are no two ways around it - I don't care if it's trading blue chips or the lowly MRIB.

Your earlier statement was

"LMAO!! Yeah, it's "illegal" if one can prove the access of the definition regarding "Manipulating a security's price"! Maybe the "SEC" has such a thing! "

The definition you requested was posted earlier, clearly explaining what the SEC views as illegal manipulation:

Yes, they indeed do have "such a thing":

The Commission's complaint....alleged that the defendants participated in a scheme to manipulate and inflate the price of XXXXXX stock....The complaint alleged that the defendants artificially raised and maintained the price of XXXXXX stock and created a false or misleading appearance with respect to the market for XXXXXX stock through manipulative practices such as placing buy orders at or near the close of the market in order to inflate the reported closing price (marking the close)....