A closer look
If someone slides into your inbox pitching a revolutionary penny stock, you are currently acting as their exit liquidity. In classic 'pump and dump' schemes, shady operators accumulate massive amounts of cheap shares in a completely dead company. They then spread fake news and hype to naive day traders, heavily pumping the price up, only to brutally dump their entire load at the peak, instantly vaporizing the savings of everyone who bought into the hype.






