Replies to post #148688 on NanoTech Entertainment Inc (NTEK)

[Helter Skelter]

It's called churn.

They buy and sell.

Sell and buy.

Basic Scam 101.

Churn
To make both buy and sell orders through different brokers, usually in large quantities, to create the impression of increased interest in a security and thereby raise its price. An investor churns if he/she has a long position on the security and wishes to sell it at an artificially high price. Churning is a form of manipulation, and is illegal under the Securities Exchange Act of 1934.