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Re: scubastevemd post# 44911

Wednesday, 09/28/2011 9:56:46 AM

Wednesday, September 28, 2011 9:56:46 AM

Post# of 101798
Nothing RELATIVE about the term, it is in fact very specific, and quite obviously does not apply to SNEY

Pump and dump

"Pump and dump" is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" their overvalued shares, the price falls and investors lose their money. Stocks that are the subject of pump-and-dump schemes are sometimes called "chop stocks". [1]
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