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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: agent99 who wrote (7955)2/7/2000 9:33:00 PM
From: LPS5   of 12617
 
"...Another strategy used by manipulators is called "musical chairs": trading the same stock over and over among a cabal of promoters to give the false appearance of wide investor interest. The market report might show 10,000 shares traded between 6 p.m. and 6: 15 p.m., when it was really 1,000 shares circulating among three evildoers..."

No, it's not called "musical chairs." Where do they get this stuff?

It's a fraudulent practice that's been since before the 1929 market crash, and is called "painting the tape."

LPS5
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