Thursday, 21 August 2014

What a Pump and Dump Looks Like

How to avoid the pump and dump
When a company is promoting a low-priced stock with low trading volume, it's a sure sign that it's a pump and dump.

Some investors think they, too, can benefit from the scam by buying the stock on its way up, then selling before the dump. The problem is that you don't know when the crash will come and you will likely be caught in the trap. 

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