Pump and dump stocks are a form of stock market manipulation that is illegal in most countries. The goal of a pump and dump scheme is to artificially inflate the price of a stock through false and misleading positive statements, so that those who have been duped into buying the stock can sell at a […]
What Is Pump And Dump In Stocks
Pump and dump is a form of securities fraud involving the artificial inflation of a stock price by spreading false or misleading information to create a buying frenzy, followed by a sudden sell-off to leave investors with heavy losses. The stock is “pumped” up by aggressive promotion to attract buyers, and then “dumped” when the […]
0