pump-and-dump

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pump-and-dump

n
(Stock Exchange) the practice of buying shares, generating favourable publicity about them, especially on the internet, then selling them when the price accordingly rises
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive
In reality, it is alleged Knox, through Wintercap, helped facilitate massive pump and dump schemes and other fraudulent activities.
Man on PS125m US fraud rap; Belfast-born former soldier held in jail
The first pump and dump occurred between approximately May and August of 2013.
Broker-dealer exec pleads guilty to role in $86M fraud
If you are in a pump and dump scam, that is right where the pumpers want you, and they are ready to leave you holding the bag.
Pumping and dumping
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