Replies to post #35954 on Golden Matrix Group Inc (GMGI)

[DPS1212]

Volatility. That’s why when we get big volume. And one day we will. This is going to run like crazy!

[roger wilco]

It's called price manipulation and it's illegal

Securities fraud can involve very high fines, though the amount of fine will depend upon the circumstances of the case. In some situations, such as in cases of insider trading, fines of up to $5 million are possible, while fines for other types of securities fraud can be $10,000 or more.


What Is Painting the Tape?

Painting the tape is a form of market manipulation whereby market players attempt to influence the price of a security by buying and selling it among themselves to create the appearance of substantial trading activity.

Learn more here: https://www.criminaldefenselawyer.com/crime-penalties/federal/Securities-Fraud.htm

Why is it that every time someone buys or sells just 1,000 shares, the price always moves?

[nbketz4]

Someone playing the spread between the bid & the ask, probably a market maker.

[DPS1212]

Hedge funds are known to constantly test potential entry points with small buys and sells. Wish I knew how to do it :)