Mexus Gold US (MXSG)

[T-Hawk]

Nope, 110% incorrect.

A paint job is buying 100, 200, 1000, 5000 shares at the close to make the close look good.

Yesterday there was over 500k shares bought at .0049-.005

Not a paint job yesterday...FACT.

110% not fact.

The definition of painting the tape according to Investopedia;

Painting the tape increases volume and attracts investors, who then may push a price higher. The market manipulators who have painted the tape will then sell their holdings—often acquired at much lower prices—to investors unaware of the manipulation. These investors are left "holding the bag" once the manipulation ceases and the price of the stock declines steeply.

Manipulators may paint the tape near the market's close in an attempt to boost a stock's price substantially at market close. Closing prices are widely reported in the media and are closely watched by investors. Since most securities are valued on the basis of their closing prices, manipulators use this tactic to achieve higher market value for their holdings.

This is exactly what happened yesterday.