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
5,075
Comments
20
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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.