PUMP AND DUMP
\pˈʌmp and dˈʌmp], \pˈʌmp and dˈʌmp], \p_ˈʌ_m_p a_n_d d_ˈʌ_m_p]\
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When investors are lied to by the company. They are given postive news that is false to prompt them to buy. It drives up the stock price but the investor has just bought less valuable stock. It is illegal. Refer to painting the tape, daisy chain, and poop
By Henry Campbell Black
Word of the day
tinctura quininae ammoniata
- A preparation made by dissolving quinin sulphate in alcohol [Br. Ph.].
Nearby Words
- pummelo
- pummice
- pump
- pump 1
- pump action
- pump and dump
- pump house
- pump priming
- pump room
- pump well
- pump, breast