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Local Corporation Message Board

  • flankenking flankenking Mar 19, 2013 10:06 AM Flag

    Wash Trading is illegal, but the SEC tolerating every wash-trading to fill the pockets of the criminal brokers of the criminal wash-trader

    A wash trade is an illegal form of stock manipulation in which an investor simultaneously sells and buys shares in order to artificially increase trading volume and thus the stock price.

    The United States Security and Exchange Commission defines a wash trade as "a securities transaction which involves no change in the beneficial ownership of the security."

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    • But investors could have an advantate of such not legal operations like the washtrading of the criminals behind The Sreet Sweeper: The can add additional shares like Flankenking, who owning now 73,800 shares or about a third procent of the outstanding shares.

 
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