Replies to post #137179 on Good Vibrations Shoes Inc (GVSI)

[Hi_Lo]

That is just a perfecf example of MrNormall's MO - deflection when confronted with the truth.

We all know what a pumper is (we don't need a link - LOL!) no matter what he says to try to convince people otherwise.

"Pumpers have an agenda."
George Sharp

[Yolo]

Agreed. While there may be a specific term for stock promoters that engage in pump and dump schemes, the general term "pump and dump" does not have a specific connotation and anyone that attempts to artificially increase the price is engaging in pumping and therefore a "pumper." For example:
Pump-and-dump is an illegal scheme to boost a stock's or security's price based on false, misleading, or greatly exaggerated statements.


Referring to Wikipedia:

Pump and dump (P&D) is a form of securities 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.

One variation of the pump-and-dump scam is known as "scalping." In a scalping scheme, a stock promoter takes a position in a stock and then touts the stock without disclosing his or her intent to sell the stock.[30][31] By recommending the stock (often, but not always, by providing inflated price targets or more generic promises of substantial returns), the promoter convinces others to purchase the stock, providing a temporary rise in share price and volume which allows the "scalper" to then sell his shares on unsuspecting investors and obtain a profit. Scalping scams are frequently effectuated through social media (e.g., Twitter), and may lead to both criminal and civil liability in the United States.[32][33] Like other pump-and-dump schemes, scalping scams frequently target microcap stocks because their low volume allows relatively small purchase volumes to cause significant spikes in the share price.[34] Given the rise of social media, scalping scams have become a significant focus of regulators in the United States in recent years.[30][35]

And while that blurb uses the term stock promoter, don't be misled into thinking it has to be a paid stock promoter hired by insiders or anything like that. It is just the term used to refer to the person pumping, which can be a third party recommending stocks on a website, just like in this SEC complaint:

https://www.sec.gov/news/press/2006/2006-128.htm