Triple 000 and Sub-penny Chart Plays

[trader53]

FONU "W" Wash Trade Definition


Wash Trades - W

It is also called Round Trip Trading.

"W" Trades

http://definitions.uslegal.com/w/wash-trading/

http://en.wikipedia.org/wiki/Wash_trade

http://financial-dictionary.thefreedictionary.com/Wash+Trade

http://www.investopedia.com/terms/w/washtrading.asp

Wash trading refers to entering into, or purporting to enter into, transactions to give the appearance that purchases and sales have been made, without incurring market risk or changing the trader's market position.

It is an illegal stock trading practice where an investor simultaneously buys and sells shares in a company through two different brokers. The Commodity Exchange Act prohibits wash trading. It is also called Round Trip Trading.

A wash trade is a transaction made without an intent to take a genuine, bona fide position in the market, such as a simultaneous purchase and sale designed to negate each other so that there is no change in financial position. Wash trades may be used, inter alia, to avoid margin requirements, to rearrange gains and loss for tax purposes, or to manipulate prices.


FONU Time & Sales

http://www.investorpoint.com/stock/FONU-FONU2+INC/market-makers-level2/

Time & Sales

Price Size Mkt Time

$0.0011 1,176,782 OTO 15:20:44
$0.0011 300,000 OTO 15:20:26
w $0.0012 5,486,111 OTO 15:19:27
$0.0011 505,218 OTO 15:18:47
$0.0011 239,073 OTO 15:18:40
$0.0011 300,000 OTO 15:18:35
$0.0012 100,000 OTO 15:03:38
$0.0012 100,000 OTO 15:02:55
$0.0012 240,000 OTO 14:58:06
$0.0012 10,000 OTO 14:57:28
$0.0012 10,000 OTO 14:56:48
$0.0012 10,000 OTO 14:56:23
$0.0012 1,140,000 OTO 14:56:19
$0.0012 490,000 OTO 14:56:16
$0.0012 10,000 OTO 14:13:53
$0.0013 999,999 OTO 14:13:52
$0.0012 510,000 OTO 13:18:54
$0.0013 10,000 OTO 13:05:05
$0.0013 10,000 OTO 13:04:32
$0.0014 639,500 OTO 11:56:08
$0.0014 360,432 OTO 11:56:04
$0.0014 5,000 OTO 11:09:35
$0.0014 200,000 OTO 11:09:30
$0.0014 300,000 OTO 11:08:48
$0.0014 90,000 OTO 11:03:29
$0.0015 20,000 OTO 11:03:28
$0.0014 10,000 OTO 11:02:58
$0.0013 400,000 OTO 10:40:40
$0.0012 195,000 OTO 10:39:17
$0.0013 538,000 OTO 10:39:06


http://stockcharts.com/h-sc/ui?s=FONU&p=D&yr=0&mn=3&dy=0&id=p11126795454