When I say a pump I am referring specifically to instances where companies pay newsletters and bloggers a fee to send out their stock as a recommendation.
All I am saying is that if you look at data on penny stocks doing paid pumps (paid pump data) there is a statistically significant negative correlation between the pumps and the share price.
This logically makes sense, there is only one incentive for someone to pay to promote a stock: if they are planning to sell shares. For this reason, traders should read paid pumps as a market signal of selling pressure ahead.
is there any form of advertising you wouldnt call a pump? Are you looking for free advertising? im confused.