Pump And Dump Stocks Catching The Unwary

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Lately I have been getting all these emails promoting certain stocks on the stock market. At first, because I do dabble in stocks, I thought that I must have inadvertently signed on for them at some stock market site. As they were mainly ‘penny’ stocks I normally just deleted them.

Naturally I knew that there were scrupulous people that used pump and dump tactics to make tidy profits on the stock market at the expense of the inexperienced, but I just never thought that these emails could well be part of that legal scam. I found this interesting news article that discusses in depth the ‘dump and pump tactics.

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