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Hally2k
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Joined: 06 Jan 2011
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PostPosted: Thu Jan 06, 2011 11:06 am    Post subject: Information Reply with quote
Regarding the laws of the stock market, if someone were to buy stocks in a company and then spread a rumour on the internet that they were about to be bought out, causing a rise in share price, would this be illegal?
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Post new topic   Reply to topic    MarketThoughts.com Forum Index -> Trading Systems and Market Timing Models
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rffrydr
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Location: Sunny California
PostPosted: Fri Jan 07, 2011 8:21 am    Post subject: Reply with quote
No it wouldn't--as long as you're just anybody. Now if you're somebody, yes there is. This happens every day in the news, my good man. And sometimes it comes true!
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