Monday, November 21, 2011 11:34:18 AM
Any one means the persons who can't think?
A scheme that attempts to boost the price of a stock through recommendations based on false, misleading or greatly exaggerated statements. The perpetrators of this scheme, who already have an established position in the company's stock, sell their positions after the hype has led to a higher share price. This practice is illegal based on securities law and can lead to heavy fines.
Read more: http://www.investopedia.com/terms/p/pumpanddump.asp#ixzz1eMHQaDty
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