Advertising

Pump and dump

• Refers to actions by brokers or market makers to attract new buyers. Here, the brokers create the illusion of high trading volume by inflating or pumping up the market for the security. This engineers a brief period of inflated prices. These activities may prompt investors to purchase the targeted securities only to have the broker dump many shares on the market place at the momentarily higher prices. This triggers a rapid decline in values and impacts the recent investors.

 
 Embedded terms in definition
 Broker
Market maker
Market
Prices
Purchase
Securities
Security
Shares
Trading
Volume

<< Pull to par Punt >>

Helping Disabled or Elderly Relatives With Money Management, Even From Far Away: Millions of people serve as financial caregivers for ill or elderly spouses, parents, children or other loved ones. They perform services that include paying bills, handling deposits and investments, filing insurance claims and preparing taxes. Because this role can be costly and physically and emotionally exhausting, especially for a caregiver who lives far away or has the usual time-demands, FDIC Consumer News offers some suggestions. More...

One of the strongest characteristics of genius is the power of lighting its own fire. John W. Foster

Advertising



Copyright 2009-2018 GVC. All rights reserved.