Pump and Dump Scheme

Comments suspect a stock or event of being a pump and dump manipulation, debating its legality, connections to WallStreetBets, meme stocks, and short squeezes.

📉 Falling 0.3x Finance & Crypto
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#7175
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Keywords

OR bloomberg.com HN SEC AAPL USD GS imgur.com BTC i.e pump dump stock manipulation market scheme illegal pyramid reddit squeeze

Sample Comments

known Nov 23, 2017 View on HN

Sounds like https://en.wikipedia.org/wiki/Pump_and_dump

RachelF Feb 19, 2013 View on HN

What's this, like a stock pump and dump attempt?

jameshart Dec 25, 2021 View on HN

Pump and dump? Trying to become a memestock?

mrkramer Jan 28, 2021 View on HN

Pump and dump that's what's happening.

huhtenberg Nov 26, 2012 View on HN

They must've been a target stock in a pump-n-dump scam.

bradlys Mar 18, 2020 View on HN

https://en.wikipedia.org/wiki/Pump_and_dump - would be my suspicion.

w1ntermute Nov 26, 2012 View on HN

People are calling this a pump and dump scheme.

asmithmd1 May 18, 2012 View on HN

Why isn't this illegal stock price manipulation?

rsj_hn Oct 6, 2018 View on HN

this is pump and dump and is possible with every kind of asset.

bluGill Feb 2, 2021 View on HN

They probably have, and now are posting trying to convince some other fool to buy and thus make it true so they can sell at $1000. This is called "pump and dump", and it is illegal.