InvestorsHub Logo
Followers 21
Posts 1400
Boards Moderated 0
Alias Born 03/03/2021

Re: StonkMaster post# 513716

Wednesday, 09/14/2022 9:59:13 AM

Wednesday, September 14, 2022 9:59:13 AM

Post# of 692882
'painting the tape' perhaps.

from Investopia: Link at bottom, read who thing. Some very familiar thigs going on. hmmm.
What Is Painting the Tape?
Painting the tape is a form of market manipulation whereby market players attempt to influence the price of a security by buying and selling it among themselves to create the appearance of substantial trading activity. The goal of painting the tape is to create the illusion of an increased interest in a stock to trick investors into buying shares, which would drive the price higher.

KEY TAKEAWAYS
-Painting the tape is a type of market manipulation whereby market players attempt to influence the price of a security at the expense of investors.
-Painting the tape increases volume and attracts investors, who then may push a price higher. The market manipulators will then sell their holdings to investors unaware of the manipulation.
-Painting the tape is an illegal activity and prohibited by the SEC because it creates an artificial price.

Market manipulators know that high trading volumes in a security often attract the attention of investors. Painting the tape increases volume and attracts investors, who then may push the 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.

https://www.investopedia.com/terms/p/paintingthetape.asp
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News