Pump and dump

What if you pump a stock but no one buys?

Do you lose money?

Does that mean losing money on pump and dumping is a real possibility?

the pump comes from raising the price by getting people to buy. You can't pump without people buying.

You could try to dump and find no buyers, but in practice there's always buyers for a stock that appears to be pumping. If you pumped you can almost certainly dump.

not you personally of course. That would be a federal felony and I'm sure nobody here would do that.

?

doesn't the pump come from buying a lot of stock early causing the price to rise?

>doesn't the pump come from buying a lot of stock early causing the price to rise?
no, that's perfectly legal.

P&D refers to fraud based on getting a large number of people to buy stock that's not worth anything. Market manipulation.

Most people don't have enough money to move the price of even a penny stock by buying shares.

Hmmm.

I thought it was like you buy some and it goes up a lot artificially then you spam websites and emails telling people to buy and then finally sell your shares.

These literal Jews were said to have even prompted privately owned companies to go public to use them in pumping and dumping. Any idea why they did that?

>I thought it was like you buy some and it goes up a lot artificially
no, you buy some and it doesn't go up at all because you don't have the tens of millions of dollars needed to pump the price.

then you spam other people and trick them into buying and if they together spend tens of millions of dollars the price pumps.

then you sell, leaving the people that you tricked into buying taking huge losses.

the two busted jews pushed IPO's to P&D for the same reason this board is constantly shilling crypto currencies and penny stocks-
because they made a fortune ripping people off.

now they go to prison.
someday half of Veeky Forums probably will too.

>they made a fortune

How much is a fortune?

Those Jews made hundreds of millions.

They even used their profits to run illegal casinos that were said to make like $60million a month, among other shit.

How much do Cryptomeme pump and dumps make?

>you don't have tens of millions

Some penny stocks are like $2million marketcap and little volume. Wouldn't $500k in those rise them a lot?

Sorry - just trying to understand how it works

>How much do Cryptomeme pump and dumps make?
I don't personally know or want to know. If I knew someone was committing felony fraud I'd be in trouble for knowing and not reporting....

>Some penny stocks are like $2million marketcap and little volume. Wouldn't $500k in those rise them a lot?
maybe, but if a person had $500k sitting around why would they fuck with tiny gains? If you're going to break the law you might as well go big. $10k in fraud gets you the same prison time as $100 MM.

1- just really curious how much people really make from shilling the shit shilled here. I've always just had a fascination with crime.

I've seen many clever crime schemes irl and I always think "How much are they making?" Wish I knew.

2 - does it? I mean pretty sure this stuff really comes to judge's discretion and several orders of magnitude is pretty important ...

The URRE guy has been quiet.

I know, I kinda miss him. He was so retarded it was almost endearing.

Id pump & dump pic related

Yes, the buying pressure would rise the stock a lot, but when selling off 500k shares would also crash the price by the same amount more or less. That's why you need people to take your shares at a higher price when you start selling off/

Yes I got that (obviously), was just a little confused as to how much it really gets pumped by that but also how much they make.

Anyone have any clue how to calculate/guess/ballpark the gains from pump and dump?

No, dude, PUMP AND DUMP IS FREE MONEY AND NOT A MEME.

It's not illegal to make money off a pump, but it's illegal to instigate one.

So don't P&D just search for one. It's way more difficult and very risky, but you aren't doing anything illegal.

I wanna pump her vagina and dump my load in it, if you catch my meaning.

I'll give you an easy to look up real world example. Fiddy cent would buy cheap stocks, then tweet that he thought that this was a great deal, then his retarded fans would buy the stock raising the price through artificial demand. Note it is the tweet that causes the demand here. He would then sell his stocks at the inflated price point and let his fans eat shit.

He didn't go to prison in the end because he claimed to be retarded the first time around and I believe hasn't done it since being warned a few years back.

subtle, but i think i get it

And people really buy this shit?

Just because some guy, who isn't even a CFA or an authority in finance said so?

Well, look at who the kind of people who are fans of 50 Cent are.
I wouldn't put their actions as something that the average person does.

Can you really feel bad for these people then?

Seems like they deserve it.

They do for taking stupid decisions and experiencing the relative consequences.
I still feel bad for them. I mean, it's not really their fault if they're retarded and gullible.

Can you imagine being the kid of some of them though?

Imagine you're like 7 and you can't have a christmas that year because your dad got scammed out of the family's savings by fucking 50 Cent lmao.

Holy fuck lmao

ITT

Anons believe shit that never happened

www.cbsnews.com/news/50-cent-penny-stock-pump-dump

Nice to meet you Mr Fifty