What is PUMP and DUMP?

ALL ABOUT PENNY STOCKS? NO to PENNY stocks. Invest less than 10% of your portfolio in PENNIES. They are PENNIES after all.

We have heard about pump and dump stocks. What exactly is a pump and dump?

Here is an interesting video that almost truly describe a real pump and dump stock trade that goes bad.
This is why I would advise against playing with PENNY stocks. They definitely give good gains, but why take the risk.
Trade real NYSE and NASDAQ stocks that have higher liquidity and you can still make 10% weekly, which allows doubling of your capital every 2 months.

This is also true for a bullish market that has gone over bullish.
Traders pumped the market from November to January, allowing their clients to dump, dump, dump.

Now that stocks are back to lows, they will pump it again. The cycle continues.

Enjoy the video.