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Re: MrGambini post# 58273

Monday, 05/18/2020 7:31:35 PM

Monday, May 18, 2020 7:31:35 PM

Post# of 62749
The $KOAN paint job Picasso is back, illegally manipulating the trading chart.

Trade #2 @ 15:43:39 : 200 shares x $0.00.077775 = $15.56







Painting the tape is an illegal activity that is prohibited by the Securities and Exchange Commission (SEC) because it creates an artificial price.

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.

https://www.investopedia.com/terms/p/paintingthetape.asp

#Robbed

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