InvestorsHub Logo
Followers 1
Posts 98
Boards Moderated 0
Alias Born 09/27/2007

Re: MobileMadMan post# 14613

Friday, 11/23/2012 11:33:17 AM

Friday, November 23, 2012 11:33:17 AM

Post# of 14708
MMM:

While probably well intentioned, I believe your actions may be viewed as illegal if looked at by certain regulators.

Definition of 'Painting The Tape'
An illegal action by a group of market manipulators buying and/or selling a security among themselves to create artificial trading activity, which, when reported on the ticker tape, lures in unsuspecting investors as they perceive an unusual volume.

Investopedia explains 'Painting The Tape'
After causing a movement in the security, the manipulators hope to sell at a profit.

Read more: http://www.investopedia.com/terms/p/paintingthetape.asp#ixzz2D42kNlaK

Be careful.

CC
Join InvestorsHub

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.