Classic End of Month Window Dressing
August 31st, 2004 by 
independence
Today is the last day of August and a jam job is in progress. You can’t tell who, but this occurs regularly at month-end and is generally believed to be the result of the funds jamming the stocks they own, to make themselves look as good as possible.
No it isn’t legal, but they probably figure they won’t get caught or they simply don’t care.
Posted in Rogues and Rascals, Stocks | 