GREY:SAYFF - Post by User
Post by
Mackwiseon Jan 10, 2020 10:21am
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Post# 30538423
Wash trade?
Wash trade?It's illegal, but possibly that large transaction could have been a "wash trade". One owns the shares in one account and trades them to another to look like a price increase; an attempt to have others follow. Viola Mcmillan and husband tried this on some mining stock years ago and were caught. This is only a guess to try and rationalize the strange transaction.