| || InvestHub.com's |
Finance Dictionary and Glossary of Investment Terms
painting the tape
The illegal practice in which traders buy and sell a specific security among themselves, creating the illusion of high trading volume and significant investor interest, which can attract unsuspecting investors who might then buy the stock and enable the traders to profit.
An illegal action committed by a group market manipulators buying and 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.