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LSDefine

Simple English definitions for legal terms

rigging the market

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A quick definition of rigging the market:

Rigging the market means cheating by making it look like lots of people want to buy a certain stock, so the price goes up. This tricks other people into buying the stock too, even though it might not be worth that much. It's against the law and can get people in big trouble.

A more thorough explanation:

Definition: Rigging the market is the illegal practice of artificially inflating stock prices by creating the appearance of high demand through a series of bids. This entices investors to buy the stocks, leading to an increase in their prices.

Example: A group of investors collude to buy a large number of shares of a particular stock, creating the impression of high demand. This causes the stock price to rise, and other investors are attracted to buy the stock, further driving up the price. Once the price reaches a certain level, the group of investors sells their shares, making a profit while leaving other investors with overpriced stocks.

This example illustrates how rigging the market can be used to manipulate stock prices for personal gain, at the expense of other investors.

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goofy-goober
15:36
I just wanna see my results man, waiting is so painful :~(
any word on scalia or any school lol
oakenrays
15:52
scalia is dead fortunately
oakenrays
15:52
law schools are coming out slowly but surely
HopefullyInLawSchool
16:03
@UnderRepresentedTryhard: Yes only for YM applicants tho
RoaldDahl
16:05
dodged the mich r wave what does this mean
HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
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