Thursday, July 16, 2015 10:12:00 AM
A = "person" has sold 10,000 shares of YIPI that they originally purchased at .30 in their Scottrade account
B = "person" sold the shares to themselves at .27 to their Etrade account for a recorded loss of $300.
C = appearance that sell off is occurring to drive prices down further then .27 in initial sell off
D = "person" defined in "A" & "B" buys back shares at .22 to net shares for .02 or almost 10% cheaper than previous owned or 10% more shares than previously owned
What is so funny or absurd about attempting this especially with only a risk of $300. To state that this is not done all the time is uninformed.
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