News Focus
News Focus
Post# of 72137
Next 10
Followers 277
Posts 12043
Boards Moderated 10
Alias Born 02/09/2003

Re: kertz post# 61558

Monday, 05/07/2012 1:50:34 PM

Monday, May 07, 2012 1:50:34 PM

Post# of 72137
The suspicious trading activity on MDGC does show evidence of tape painting, which is also defined as placing small trades to artificially manipulate the price (usually up).

OTC Markets noticed the supsicious activity and rapid increase in price on no news. Being that the company had also gone dark, they placed a Caveat Emptor warning as they believe there is a public interest concern.

Here's an article about the practice. http://findarticles.com/p/articles/mi_m1318/is_4_54/ai_60377267/

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y