How to Spot a Potential Penny Stock “Pump and Dump”

Pump and dump is a popular name for a scheme that tries to inflate the market price of a particular penny stock picks through promotions based on misleading, baseless, or highly exaggerated claims. The people who participate in this scheme are typically those who already have an established position in that targeted penny stock. They sell or “dump” their positions as soon as the artificial hype has led ...

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