By Gary N | Sunday 18 August 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
THE phrase ‘pump and dump’ commonly refers to the practice of artificially pushing the share price of a company higher without anything to back up the rise, and when everyone eventually realises what is happening the price comes crashing back down again.
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