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Post# of 42188
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OTCChasing

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OTCChasing

Re: dave86 post# 2849

Thursday, 08/22/2013 12:31:52 PM

Thursday, August 22, 2013 12:31:52 PM

Post# of 42188
Its called a wash trade (not to be confused with a wash sale) is an illegal form of stock manipulation in which an investor simultaneously sells and buys shares in order to artificially increase trading volume and thus the stock price.

The United States Security and Exchange Commission defines a wash trade as "a securities transaction which involves no change in the beneficial ownership of the security."

It is possible for people to profit on a declining stock price. Do your DD before acting on a post.

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