Here is the Definition for Painting the tape. Plea
Post# of 2207
Posted On: 11/11/2015 5:42:08 PM
Here is the Definition for Painting the tape. Please notice it is usually a group effort and that is why they reference Manipulaters and not Manipulater. The biggest thing to be noted is in the first sentence, it's done to achieve a HIGH CLOSING PRICE. So trying to scare CAPC shareholders saying it's done at a Sell Price is just good old fashion Bullshit. What's going on in CAPC is so small it would never pass a sniff test. Its foolish to be scaring shareholders. Who knows, maybe it's being done to scare shareholders into selling, you just never know. Strange things go on.
Oh by the way the low amounts of volume that CAPC gets no group would dare do it here. CAPC and their shareholders are SAFE, no need to sell here
I'm a buyer not a seller
This definition comes from Investopedia
BREAKING DOWN 'Painting The Tape'
Two common objectives among market manipulators of painting the tape are to lure unsuspecting investors into a security, or achieve a high closing price for it.
Unusual trading volume in a security may attract investors to it. Cabals of market manipulators who have painted the tape in a security generally expect to make significant profits by offloading their holdings in it - which are usually acquired at much lower prices - to investors unaware of the stock manipulation. These investors are literally left "holding the bag" once the manipulation ceases and the stock declines steeply in price.
High closing activity attempts to create an artificial price for a security by boosting its price substantially at market close, since closing prices are widely reported in the media and are closely watched by investors. Since most portfolios and securities are valued on the basis of their closing prices, manipulators use this tactic to achieve a higher market value for their holdings rather than their intrinsic worth.
Read more: Painting The Tape Definition | Investopedia http://www.investopedia.com/terms/p/paintingt...z3rDztJBb1
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Oh by the way the low amounts of volume that CAPC gets no group would dare do it here. CAPC and their shareholders are SAFE, no need to sell here
I'm a buyer not a seller
This definition comes from Investopedia
BREAKING DOWN 'Painting The Tape'
Two common objectives among market manipulators of painting the tape are to lure unsuspecting investors into a security, or achieve a high closing price for it.
Unusual trading volume in a security may attract investors to it. Cabals of market manipulators who have painted the tape in a security generally expect to make significant profits by offloading their holdings in it - which are usually acquired at much lower prices - to investors unaware of the stock manipulation. These investors are literally left "holding the bag" once the manipulation ceases and the stock declines steeply in price.
High closing activity attempts to create an artificial price for a security by boosting its price substantially at market close, since closing prices are widely reported in the media and are closely watched by investors. Since most portfolios and securities are valued on the basis of their closing prices, manipulators use this tactic to achieve a higher market value for their holdings rather than their intrinsic worth.
Read more: Painting The Tape Definition | Investopedia http://www.investopedia.com/terms/p/paintingt...z3rDztJBb1
Follow us: Investopedia on Facebook
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