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Re: RG post# 69670

Sunday, 11/01/2015 9:23:56 PM

Sunday, November 01, 2015 9:23:56 PM

Post# of 81578
"Marking the Close" IS a serious matter!

As is any form of "Painting the Tape" to manipulate CAPC share price.

And while it may not bother you:

Doesn't bother me, as things even out over the long haul. Not worth losing sleep over.



I imagine these miscreants lost quite a lot of sleep, along with a few other things, having been caught at it:

The US Security and Exchange Commission (SEC) recently fined a high-frequency trading firm a cool $1 million to settle charges that the firm had used their sophisticated algorithmic trading system to “mark the close” or “bang the close.”

“Marking the close” is a form of market manipulation. Simply put, the practice is an attempt to influence the closing price of a security by executing purchase or sale orders just prior to the close of trading. Marking the Close.
Old Fraud by New Means by Richard Magrann-Wells, October 23, 2014


All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)