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Re: BRIG_88 post# 92109

Tuesday, 02/08/2011 11:18:18 AM

Tuesday, February 08, 2011 11:18:18 AM

Post# of 312015
good call on the churning....

Market manipulation
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Market manipulation describes a deliberate attempt to interfere with the free and fair operation of the market and create artificial, false or misleading appearances with respect to the price of, or market for, a security, commodity or currency.[1] Market manipulation is prohibited in the United States under Section 9(a)(2)[2] of the Securities Exchange Act of 1934, and in Australia under Section s 1041A of the Corporations Act 2001. The Act defines market manipulation as transactions which create an artificial price or maintain an artificial price for a tradeable security.

Churning: "When a trader places both buy and sell orders at about the same price. The increase in activity is intended to attract additional investors, and increase the price."

http://en.wikipedia.org/wiki/Market_manipulation

Yeah, well, you know, that's just, like, your opinion, man.