InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,615.35
(
0.55%
)
US TECH 100
19,804.00
(
0.64%
)
Dow Jones
40,000.90
(
0.62%
)
Brent Oil
84.57
(
0.00%
)
Bitcoin
58,730.56
(
1.45%
)
Post# of 25284
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Komando Robot

Send PM Follow Ignore
Followers 1374
Posts 132339
Boards Moderated 0
Alias Born 08/20/2008

Komando Robot

Re: RunawayTrain post# 2864

Friday, 04/29/2011 6:30:34 PM

Friday, April 29, 2011 6:30:34 PM

Post# of 25284
This could explain the huge vol: Wash Trading Definition

An illegal stock trading practice where an investor simultaneously buys and sells shares in a company through two different brokers.

Investopedia explains Wash Trading
This increases the activity in the stock and gives the impression that "big news" is about to come out.

http://www.investopedia.com/terms/w/washtrading.asp

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up