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Pump & Dump

 
Anonymous Coward
User ID: 535757
Canada
10/27/2008 01:00 AM
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Pump & Dump
Can someone explain what pump and dump means?
Anonymous Coward
User ID: 516235
United States
10/27/2008 01:01 AM
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Re: Pump & Dump
Can someone explain what pump and dump means?
 Quoting: Anonymous Coward 535757


You buy a stock low. Then you pump it's price up high and sell your shares at a tidy profit.
Anonymous Coward
User ID: 396888
United States
10/27/2008 01:08 AM
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Re: Pump & Dump
Pumping a stock is when you get on a message board or in the media and stretch the truth on the positive end of a stock. Trying to make it sound like a great mover and shaker to get more people buying it. Eventually if enough people buy into the BS, then the stock will move up. Then you "dump" your shares and take your profits from the artificial increase. The stock then goes back down eventually because there was no real reason for it to go up in the first place, just people "pumping" it.
Anonymous Coward (OP)
User ID: 535757
Canada
10/27/2008 01:22 AM
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Re: Pump & Dump
That isn't even close to what I thought it meant.
Anonymous Coward
User ID: 532991
United States
10/27/2008 01:28 AM
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Re: Pump & Dump
ask obama its how he was born
Anonymous Coward
User ID: 513042
United States
10/27/2008 01:34 AM
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Re: Pump & Dump
Can someone explain what pump and dump means?
 Quoting: Anonymous Coward 535757

have sex and get rid of 'em??
TheChoirmaster

User ID: 533712
United States
10/27/2008 02:01 AM
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Re: Pump & Dump
Can someone explain what pump and dump means?

have sex and get rid of 'em??
 Quoting: Anonymous Coward 513042

Yes . . . fuck and move on . . .
Proud member of the conspiratorial twenty-first century nuns . . .
Anonymous Coward
User ID: 506160
United States
10/27/2008 02:03 AM
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Re: Pump & Dump
You use the gas station restroom after you fill up.
Anonymous Coward
User ID: 372835
United States
10/27/2008 02:06 AM
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Re: Pump & Dump
Well if you want to be smart and rich you do that to your stocks.

If want to die young then you do that to your girlfriend.
Anonymous Coward
User ID: 532487
United States
10/27/2008 02:23 AM
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Re: Pump & Dump
When you post something on GLP and the first reply is bsflag
Anonymous Coward
User ID: 34170897
Australia
02/24/2013 01:50 AM
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Re: Pump & Dump
Its self explanatory.
Pump him or her, as in a one night stand, then dump them with no ongoing relationship, no phone numbers exchanged, no "lets catch up for coffee some time".

Just pump them then dump them, but do it nicely.




Peace and safety!
x
hf
Anonymous Coward
User ID: 961432
United States
02/24/2013 01:58 AM
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Re: Pump & Dump
Pumping a stock is when you get on a message board or in the media and stretch the truth on the positive end of a stock. Trying to make it sound like a great mover and shaker to get more people buying it. Eventually if enough people buy into the BS, then the stock will move up. Then you "dump" your shares and take your profits from the artificial increase. The stock then goes back down eventually because there was no real reason for it to go up in the first place, just people "pumping" it.
 Quoting: Anonymous Coward 396888


You mean like Cramer?

.
Anonymous Coward
User ID: 20566260
United States
02/24/2013 01:58 AM
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Re: Pump & Dump
Its when a group of investors all buy the stock and that drives the price up. After people start making money, because of the investors, they put stops on their stocks, the stop says if it falls below a certain price, then to sell. Then all the investors sell the stock at once, dumping it, after its maxed, which causes the stock to drop, triggers the automatic stops, and crashes the stock price. Then they can go back in and buy their holdings at a fraction of the cost.
Anonymous Coward
User ID: 33314705
Australia
02/24/2013 02:05 AM
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Re: Pump & Dump
A person or persons will create a company and promote its earnings.
But its really worthless, then people buy stock in it and it drives the stock up.
The creators own stock from when its 0, and sell it when its high and the investors lose their money basically having it stolen by the creators.
They are always off exchange unregulated pink sheets stocks so they fall outside of some of the regulation kind of like Forex.
Stealth#521

User ID: 26075543
United States
02/24/2013 02:14 AM

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Re: Pump & Dump
You use the gas station restroom after you fill up.
 Quoting: Anonymous Coward 506160


Best answer!
Anonymous Coward
User ID: 11591025
United States
02/24/2013 02:22 AM
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Re: Pump & Dump
aha, you watched that movie with the singing girls didn't cha?
Anonymous Coward
User ID: 24975305
United States
02/24/2013 02:25 AM
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Re: Pump & Dump
Getting a flat tire on the way to the landfill