Replies to post #316368 on Digital Brand Media and Marketing Group Inc (DBMM)

[THall]

Do you have any idea how stupid your statement is? How can it be wash trading if the price is going down? Wash trading is used by promoters to give the impression of interest via trade volume. The price doesnt move with wash trading. SMH

Wash trading misleads investors into believing that trading volumes for a security are higher than they actually are, potentially increasing legitimate trading activity on the security in the process. Wash trading is illegal under U.S. law, and the Internal Revenue Service (IRS) bars taxpayers from deducting losses that result from wash trades from their taxable income.
1
Internal Revenue Service. "Publication 550: Investment Income and Expenses," Page 56.

2

[Jetmek_03052]

Well. The story here is that "they" have held onto a super large DBMM naked short position for what....10-14 YEARS?!

Yes. I think they can outwait you.

But no worries. "They" don't exist. You are waiting for something that in all likelihood will NEVER HAPPEN.