Citations:painting the tape


 * 2000, Kiplinger's Personal Finance, page 80:
 * &quot;Uh-huh, it&#39;s called painting the tape,&quot; agrees day-trading elder statesman Harvey Houtkin. Take a more serious tape-painting example: A stock trades at $1 until somebody suddenly offers to buy 100 shares at $2 a share.
 * 1955, United States. Congress. Senate. Committee on Banking and Currency, Stock Market Study: Factors affecting the buying and selling of equity securities, page 85:
 * What does the phrase &quot; painting the tape ” mean ? Mr. FUNSTON . It means that they record on the tape of the exchange sales in such a way to make anyone watching the tape believe that there is a lot of activity there.
 * 1997, Ron Insana, Traders' Tales: A Chronicle of Wall Street Myths, Legends, and Outright Lies, John Wiley & Sons (ISBN 9780471237884), page 24:
 * The art of painting the tape was a useful method of distributing stock that is sometimes still used today, but not nearly as well or as frequently as it was in the Roaring Twenties . The setup was always quite simple , and it always ...
 * 1971, United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Commerce and Finance, Study of the Securities Industry: Hearings, Ninety-second Congress, First [and Second] Session[s]., page 3784:
 * ... central market system where all orders in that system are protected and where the chances for manipulation, for painting the tape , for triggering transactions , for excess trading , have all been guarded against in a uniform way.