2 votes

This is how the price manipulation is done at no cost. That’s the whole thing. Plain and simple.

This is how the price manipulation is done at no cost. That’s the whole thing. Plain and simple.

Definition of ‘Wash Trading’
An illegal stock trading practice where an investor simultaneously buys and sells shares in a company through two different brokers.

Read more: http://www.investopedia.com/terms/w/washtrading.asp#ixzz2Fb2...
Investopedia explains ‘Wash Trading’
This increases the activity in the stock and gives the impression that “big news” is about to come out.

Read more: http://www.investopedia.com/terms/w/washtrading.asp#ixzz2Fb2...

JPMorgan fined for wash trades in oil, gasoline
http://www.reuters.com/article/2012/06/01/us-jpmorgan-washtr...

Wash Trading by High-Frequency Firms May Face Scrutiny
http://www.bloomberg.com/news/2012-06-22/wash-trading-by-hig...

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Computers playing with computers

That is what we call a "market" now.

Love or fear? Chose again with every breath.