johnpb1143 johnpb1143
  • 08-03-2018
  • Social Studies
contestada

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

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ahmedishaal ahmedishaal
  • 19-03-2018

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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