Thursday, December 06, 2012

Another Reason Why Small Investors Are Staying Away From Stocks

I am in Pittsburgh on business but I saw an interesting article in today's WSJ by Jason Zweig and Tom McGinty about fund managers manipulating stock prices at the end of each quarter by putting in orders to buy stocks they already own. It's an extreme form of window dressing that is illegal. Investor confidence in the integrity of the markets is already low. This doesn't help.