Pump & Dump

You buy a stock low. Then you pump it's price up high and sell your shares at a tidy profit.

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.

That isn't even close to what I thought it meant.

ask obama its how he was born

have sex and get rid of 'em??

Yes . . . fuck and move on . . .

You use the gas station restroom after you fill up.

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.

When you post something on GLP and the first reply is

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

You mean like Cramer?

.

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.

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.

Best answer!

aha, you watched that movie with the singing girls didn't cha?

Getting a flat tire on the way to the landfill