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Sep 15Doug Smith

Buzzword of the Week: Painting the Tape

Sep 15Doug Smith

This week’s buzzword is again from Investopedia. According to the website, Painting The Tape means an illegal action by a group of market manipulators buying and/or 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. After causing a movement in the security, the manipulators hope to sell at a profit.

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