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02/05/20 12:47 PM

#4097 RE: Free Willy #4095

Someone buys on ask, and immediately sells it back into the bid. Clear stock manipulation.

This is what the SEC states about STOCK MANIPULATION:

Source: https://www.sec.gov/fast-answers/answerstmanipulhtm.html


Manipulation is intentional conduct designed to deceive investors by controlling or artificially affecting the market for a security. Manipulation can involve a number of techniques to affect the supply of, or demand for, a stock. They include: spreading false or misleading information about a company; improperly limiting the number of publicly-available shares; or rigging quotes, prices or trades to create a false or deceptive picture of the demand for a security. Those who engage in manipulation are subject to various civil and criminal sanctions.