RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Typical example of wash tradingWas just making the point that banks, oil companies, ect have all been caught manipulating shares of companies. The regulations and regulatory body in Canada are particularly weak. So when he complaints of wash trading, there is a good chance it is happening. What he has to remember, is the these same companies will manipulate the stock up if fundamentals are in place.
Pengrowth is a good reminder that the banks and oil companies play games. If they don't get caught on this one, they will continue. Best to pull out of stocks that you feel there is too much manipulation.
Good articles. Thanks