BCSC cites Toronto lawyer Posen for wash trading
2025-03-27 19:32 ET - Street Wire
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Stockwatch's incredible detailed and efficient database shows that there is a Binyomin Yehuda Posen who became a director of Waraba on 2021-04-09.
Posted by halcrow at 2025-03-27 20:22
But how
instead the reality is the crime was the brokerage houses who had bids up trying to fill this guys shoes.
you cannot traded within a house between accounts.
so the narrative here is bogus, the reality is another firm had his bids up.
no such thing as a wash trade.
a trade happens means money went from one firm to another and the other firm got the money in the market.
wash trades is a bullshit term
Posted by oh at 2025-03-28 10:44
wash trade?
brokerge firms both made money on the trades, so how is it a wash trade?
a wash in accounting terminology is zero benefit...in market trading there is no wash ever as there is a fee charged
Posted by Oh at 2025-03-28 11:48