Painting The Tape
What Does Painting The Tape Mean?
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.
Investopedia explains Painting The Tape
After causing a movement in the security, the manipulators hope to sell at a profit.
Related Links
- Understanding The Ticker Tape - We explain the meaning and use of that reel of symbols whizzing across your TV or computer screen.
- Online 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.
