News Focus
News Focus
Followers 134
Posts 11738
Boards Moderated 2
Alias Born 04/22/2010

Re: prototype_101 post# 36632

Tuesday, 04/24/2018 6:37:06 PM

Tuesday, April 24, 2018 6:37:06 PM

Post# of 234106
More than one in six trades in S&P 500-listed stocks took place between 3:30 and the 4 p.m. closing bell last year. But I guess it is not allowed here?


https://www.wsj.com/articles/traders-pile-in-at-the-close-1432768080

https://money.stackexchange.com/questions/39240/why-do-stocks-tend-to-trade-at-high-volumes-at-the-end-of-or-start-the-trading



“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. Such a rush of orders can artificially inflate or depress the closing price for the security and impacts orders that are to be executed at the closing price.

Dear Lord here it does not "impact orders that are to be executed at the closing price"!!!!



executed at the closing price.


executed at the closing price.


Funny but I never see any orders being executed at the "Market Price" at the close, for goodness sakes this is lucky to trade 10k shares in the last 10 Minutes.

If they were worried about this they would randomly move the time at the close that market.



There are 4 key elements regulators must establish to prove a Rule 10b-5 violation:

Manipulation or Deception (through misrepresentation and/or omission)
Materiality

“In Connection With” the purchase or sale of securities
“In Connection With” the purchase or sale of securities
“In Connection With” the purchase or sale of securities

THAT IS NOT GOING ON HERE.


Scienter (knowledge of wrongdoing)


Xster weird Google Hogwash or Hissy Fit.

Perhaps I misread something.


https://www1.salary.com/NASDAQ-INC-Executive-Salaries.html


So Marking the close means that you run up the price and sell shares at the last minute to unsuspecting buyers for an artificially high price, Get It?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LWLG News