pump-and-dump

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pump-and-dump

(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.