Certainly possible. It's called manipulation. Do you have a threshold when something is more than a pump and dump?
I prefer to do my due diligence. I see this company has no money, no prospects, hasn't put out a PR in over 2 years, has a person on staff who is a known pumper and who took the last company he was affiliated with into being delisted by the SEC.
I look at the fact that this same exact scenario has been attempted twice before with this stock since January 2009. Each time previously there was 'big news' on the horizon that oddly enough only a few people knew about and which could not be told to the general public. When nothing happened the stock tanked, taking everyone's investment with it.
$3,000, $300, or $30,000 means nothing-it's the due diligence around this company and the record of previous pumps and dumps that tell the tale.
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