3 years ago

""pump and dump" is a technique used by individuals, such as the teenage wheeler-dealer, where:"

1 answer:

5 0

Where the businessperson pumps up the stock and after that dumps his investment into the stocks.

"Pump and dump" is a type of securities scam that includes falsely blowing up the cost of a possessed stock through false and deceiving positive proclamations, keeping in mind the end goal to offer the inexpensively obtained stock at a higher cost.

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