GREY:TSTIF - Post by User
Comment by
Aimee1365on Jul 26, 2018 7:45pm
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Post# 28374600
RE:RE:August 1st 2018
RE:RE:August 1st 2018 What is 'Pump And Dump'
Pump and dump is a scheme that attempts to boost the price of a stock through recommendations based on false, misleading or greatly exaggerated statements. The perpetrators of this scheme, who already have an established position in the company's stock, sell their positions after the hype has led to a higher share price. This practice is illegal based on securities law and can lead to heavy fines.
Read more: Pump and Dump | Investopedia https://www.investopedia.com/terms/p/pumpanddump.asp#ixzz5MPK5d9CS