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joelbtl

12/05/17 10:52 AM

#43101 RE: JediWar #43100

I'm thinking investors might have lost interest due to messed up trading lately.

surfkast

12/05/17 1:51 PM

#43107 RE: JediWar #43100

Oh Yes.The volume is so bad the wash traders can't make any money.


One way to screw the wash trading up is to have volume go away. They don’t like the standstill - makes zero money if volume isn’t there



wash trade
A transaction designed to make it appear that a purchase and sale has occurred even though no change in ownership occurred. For example, an investor might simultaneously buy and sell shares in one company through two different brokerage firms in order to create the appearance of substantial trading activity that will draw in other investors. Wash trades are illegal.


https://financial-dictionary.thefreedictionary.com/wash+trade