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Painting the Tape
What does it mean?
An illegal action committed by a group market manipulators buying and selling a security among themselves to create artificial trading activity, which, when reported on the ticker tape, lures in unsuspecting investors as they perceive an unusual volume.
In Other Words...
After causing a movement in the security, the manipulators hope to sell at a profit.
Related Links
Investment Scams Tutorial - To bamboozle someone out of their money is an age-old ruse. Learn about some of the gimmicks modern-day swindlers use and avoid becoming a statistic.
Related Terms
Fighting the Tape | Print | Runoff | Tape Is Late | Ticker Tape
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