What is Pump and Dump in the Stock Market? 💩

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What is a pump and dump? What is pump and dump in trading? How do pump and dump schemes affect the stock market How does a pump and dump scam work? You might have heard of this phrase before. It was very prevalent a couple of decades ago. There would be a big e-mail list. They would send out an e-mail stating this company is doing this and this and it creates hype around the stock. This is a criminal offense and it is unlike sharing opinion or information. The idea is to create a pump and dump. What is Pump and Dump in the stock market? And importantly how do you avoid getting caught out in these schemes. OK.

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