Pump and Dump
Content
Definition
A Pump and Dump is a fraudulent scheme that attempts to boost the price of a stock through false, misleading, or greatly exaggerated statements, allowing insiders to sell at a profit.
Usage and Context
A pump and dump scheme inflates a stock`s price through false statements for profit.
Frequently asked questions
- What is pump and dump trading scheme? A pump and dump scheme is a fraud where the price of a stock is artificially inflated to sell at a profit.
- What is meant by pump and dump? Pump and dump is a fraudulent scheme to inflate a stock`s price through false statements, then sell at a profit.
- What is a pump and dump scheme Quizlet? A pump and dump scheme is a fraudulent practice where the price of a stock is artificially inflated to sell at a profit.
Benefits
Pump and dump is a fraudulent scheme where a stock`s price is artificially inflated to sell at a profit.
Conclusion
Pump and Dump is a fraudulent scheme inflating stock price for profit.
