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FYI: Portfolio pumping—also known as “painting the tape” or “leaning for the tape”—is a market-manipulative strategy that mutual fund and hedge fund managers use to mark up their holdings at the end of the quarter by purchasing stocks they already hold (especially small stocks, whose prices are easier to move). Regards, Ted http://www.etf.com/sections/index-investor-corner/swedroe-portfolio-pumping-continues?nopaging=1
I plead guilty to reading Swedroe but not the referenced study. If anybody did does this mean I should sell at the end of the quarter or the day before or the day after.Similarly do I buy 1 week after the quarter 3 days, 10 days or some other time.
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