Replies to post #4208 on Investor Help (NO Ihub questions)

[bobEfischer]

Yes, it is legal.

[cintrix]

I am not sure if you could prove that is the same person, but "painting the tape" is NOT legal:


DEFINITION of 'Painting The Tape'

A form of market manipulation whereby market players attempt to influence the price of a security by buying and/or selling it among themselves so as to create the appearance of substantial trading activity in the security. Painting the tape is an illegal activity that is prohibited by the Securities and Exchange Commission because it creates an artificial price for a security. The term originated in a bygone era when stock prices were largely transmitted on a "ticker tape."

Read more: Painting The Tape Definition | Investopedia http://www.investopedia.com/terms/p/paintingthetape.asp#ixzz3qAmE1MSy