Pump and dump
id:
pump-and-dump-178-2203952
title:
Pump and dump
text:
Pump and dump (P&D) is a form of securities fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements (pump), in order to sell the cheaply purchased stock at a higher price (dump). Once the operators of the scheme "dump" (sell) their overvalued shares, the price falls and investors lose their money. This is most common with small-cap cryptocurrencies and very small corporations/companies, i.e. "microcaps". While fraudsters in the past
brand slug:
wiki
category slug:
encyclopedia
description:
Form of securities fraud
original url:
https://en.wikipedia.org/wiki/Pump_and_dump
date created:
2003-05-29T03:21:58Z
date modified:
2024-09-04T11:08:38Z
main entity:
{"identifier":"Q3268220","url":"https://www.wikidata.org/entity/Q3268220"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/d/d4/Bubble.folly.jpg","width":597,"height":707}
fields total:
13
integrity:
16