Replies to post #5994 on White Fox Ventures Inc. (AWAW)

[diannedawn]

What IF it was an pre-planned matched trade?

Do some reading here...
http://www.sec.gov/litigation/litreleases.shtml

Or how 'bout this EXAMPLE
"27. Over the course of several meetings and conversations that occurred in the following weeks and months, __________________________, and the Trader agreed that the Trader, working with the Trader's Partners, would: (1) "build the chart" for the ____________stock­ that is, create seemingly attractive price and volume history for the stock by means of manipulative trading"
http://www.sec.gov/litigation/complaints/2015/comp-pr2015-100.pdf

[moneysnip]

No TJG, buying stock at the ask in not illegal.

However doing so 20 out of 22 trading days in a month, without buying throughout that time frame proves its an attempt to artificial keep the share price up at the close. That is illegal especially when it comes from the same accounts!