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Sometimes that painting of the tape is done

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cintrix Member Level  Monday, 09/25/17 10:23:40 AM
Re: Hank Chinaski post# 4936
Post # of 4976 
Sometimes that painting of the tape is done not for the reasons you are assuming. It usually is to manipulate the price and make it look like an uptick at end of day. But some penny traders who's margin accounts dip below the 25k threshold at eod will sometimes do that to a penny stock they own a lot of shares of in order to have their accounts stay above that amount.

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