3 ms·
its illegal if you short said stock prior to starting the rumors, and then profitting from the outcome. "pump and dump".
by mholmes680 10y ago
its illegal if you short said stock prior to starting the rumors, and then profitting from the outcome. "pump and dump".
- justinrstout 10y agoTechnically, a "pump and dump" is the opposite of what's being described here. This would be a "poop and scoop". http://www.investopedia.com/terms/p/poopandscoop.asp http://www.investopedia.com/terms/p/poopandscoop.asp
- mholmes680 10y agothats awesome. I didn't know there was a name.