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Topic: Pump and dump

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	Encyclopedia: Pump and dump
		They have pumped a worthless stock and then dumped it, probably within a period of six months, and are gone from the scene before stock purchasers realize that they are victims of a vicious fraud and file complaints.
		Pump and Dump stock frauds may number in the hundreds at any one time, each raking in several million dollars before the inevitable dumping as worthless.
		Only if the pump and dump has engaged the services of a traditional brokerage for certificate clearing or other services, an arbitration action for some recovery may be possible through the National Association of Securities Dealers, Inc. If not, investors can kiss the money and their dreams of riches goodbye.
	www.nationmaster.com /encyclopedia/Pump-and-dump (954 words)

	Pump and dump scams (Site not responding. Last check: 2007-10-20)
		Pump and dump scams, similar but not exactly the same thing as "stock touting" occur when a single person or company, or a small group of like minded individuals control the market for a specific issue.
		Similar motives drive pump and dump perpetrators and the hawkers of securities that run telemarketing operations.
		In the case of pump and dump scams the stocks are usually publicly traded, though still likely to be cheap penny stocks.
	www.travismorien.com /FAQ/ripoffs/scpumpanddump.htm (389 words)

	Pump and Dump (Site not responding. Last check: 2007-10-20)
		"Pump and dump" schemes, also known as "hype and dump manipulation," involve the touting of a company's stock (typically microcap companies) through false and misleading statements to the marketplace.
		Pump and dump schemes often occur on the Internet where it is common to see messages posted that urge readers to buy a stock quickly or to sell before the price goes down, or a telemarketer will call using the same sort of pitch.
		Once these fraudsters "dump" their shares and stop hyping the stock, the price typically falls, and investors lose their money.
	www.sec.gov /answers/pumpdump.htm (184 words)

	E-Commerce News: Viewpoint : Beware the Pump and Dump Scheme
		You may not have heard of the phrase "pump and dump." I would be surprised, however, if you haven't been personally solicited by a so-called investment advisory firm that was trying to sell you a penny stock.
		Pump and dump schemes, which are illegal, usually involve the heavy promotion of a penny stock by supposed investment advisors or corporate public-relations firms.
		The commission's main duty is to assist the investor in avoiding the pitfalls of pump and dump schemes.
	www.ecommercetimes.com /story/investing-fraud-pump-dump-36358.html (1066 words)

	[No title] (Site not responding. Last check: 2007-10-20)
		Pump and Dump stocks are those stocks whose price has suddenly surged 10 times, 20 times or even more, in a very short period of time, like a few months or up to one year.
		The company signs up to exhibit at "investment conferences" and "shows" (mainly so they can get a little "podium time" to hype their stock and tell you how "their company is really different" and "not a stock promotion.") Funny little "hype" messages are posted on Internet newsgroups.
		Accumulation by new investors and averaging down of old investors are leads to the pressure on the short.
	www.geocities.com /jj2000426/pnd.html (512 words)

	Pump - Welcome at Maag Pump Systems Textron
		The Pump House Steam Museum was restored in 1973 as a City of Kingston Tricentennial it could pump 5000000 imperial gallons of water in 24 hours.
		Pump Aid installs simple, cheap and effective hand powered water pumps, transforming the lives of some of the poorest people in Zimbabwe.
		Pump is the high point of Aerosmith's improbable second chapter--and one of their In 1989 Aerosmith released this, Pump which at the time was Aerosmiths
	seekinfo.org /?q=pump (458 words)

	TPMCafe \|\| "Pump and Dump" Politics
		I suspect it's integrally related to the "pump and dump" culture that has infiltrated business, a mutation of the cult of "shareholder value." (Pump and dump refers to the practice of talking up a stock or making earnings appear high, then selling just before the inherent weaknesses in the company become apparent.
		Finance message board discussing HCA, Frist is referred to lovingly as the "Pump and Dump Drama Queen.") Investors as well as executives don't look at a company as something to build for the long term; they need to beat their numbers in the current quarter.
		Rather than solely look at the pump and dump methodology, why not also look at the pillage and burn financial technique.
	www.tpmcafe.com /story/2005/9/26/155712/220 (3349 words)

	Pumping Enron
		Pumping and dumping is defined as knowingly creating or promulgating a series of untrue statements designed to juice a stock to a higher level than it normally would go (the pump) with the intention of selling shares in the ensuing frenzy (the dump).
		Making the dump more elitist and tragic to the small fry was Enron management's decision to switch 401(k) managers from Schwab to UBS Warburg (oh, how ironic -- that's who just purchased the trading system) just before all hell was about to break loose in July.
		At that point, with the stock still in the fifties, nothing untoward had happened to disturb the pump, though chief executive officer Jeffrey Skilling was on the verge of resigning for "family" reasons.
	www.newyorkmetro.com /nymetro/news/bizfinance/columns/bottomline/5645 (1140 words)

	Internet Makes Stock Scams Easy / `Pump and dump' now a high-speed hustle
		The technology is much improved, but the basic concept known as ``pump and dump,'' hasn't changed much.
		Click on ``Anatomy of a pump & dump'' on the upper right for a case history of a pump-and-dump operation.
		An essential part of promoting a pump and dump is to arrange for the stock to be featured in a legitimate-looking advisory newsletter or Web site.
	www.sfgate.com /cgi-bin/article.cgi?file=/chronicle/archive/2000/06/12/BU11242.DTL (1160 words)

	Spammers Turn To Pump and Dump \| Technology News Daily (Site not responding. Last check: 2007-10-20)
		The latest monthly Spam Index from email security experts Clearswift reveals a 700% increase in these scams, known as “pump and dump”, over the last few weeks.
		“Pump and dump” scams have been in existence as long as the stock markets themselves, but email has given organised crime a fertile method of tricking opportunistic investors and making easy money.
		“Though “pump and dump” is flavour of the month, we’re still seeing a wide variety of familiar scams around, albeit in smaller proportions,” said Alyn.
	www.technologynewsdaily.com /node/619 (413 words)

	Pump and Dumps
		So it pays to be aware of the ways scamsters "pump and dump" small stocks.
		One of the companies famous for their use of pump and dump schemes is the Future Superstock Internet newsletter and its founder, Jeffery C. Bruss.
		My advice for avoiding being scammed by pump and dump is by sticking to reliable investment information from a source like CNBC or TheStreet.com.
	www.suite101.com /article.cfm/consumer_issues/22083 (254 words)

	Pump & Dump - pg.1
		Anyone who has pumped water out of a flooded cockpit knows that it can be difficult and time consuming to pump five or 10 gallons out of a kayak.
		With an assisted rescue, your partner can lift the bow of your kayak and, assuming it has bulkheads, drain most of the water in a matter of seconds.
		It's called the "pump and dump." After a few practice sessions in safe, flat water, the pump-and-dump should become a fluid and efficient technique to add to your self-rescue repertoire.
	www.seakayakermag.com /2002/02Oct/pumpdump01.htm (185 words)

	Archives: Story (Site not responding. Last check: 2007-10-20)
		Leading 2-1 courtesy of Sanders homers, Thomas Pump broke the game open in the fourth, roughing up Southside for five runs, while collecting only two hits, and benefiting from three Cafe errors, two walks, and a hit batsman.
		Thomas Pump remains undefeated in Sixth District East play at 2-0, and improves their overall record to 3-1.
		Thomas Pump continues to be road warriors Thursday as they travel to Pope John Paul II in a game starting at 5 p.m.
	www.slidellsentry.com /articles/2005/06/08/news/sports/sports02.txt (489 words)

	Pump and Dump scam
		The "Pump and Dump" scam is a regular SPAM email received at SVPAL.
		Pump and Dump is defined as fraud and is a federal crime under US security laws.
		Pump and Dump Scam at the SEC (US Securities and Exchange Commission)
	www.svpal.org /subscriber/pumpanddump.html (470 words)

	Rampant Insider Selling Raises Red Flags
		Stock prices are pumped up by the executives and key insiders who then sell at the peak before everyone else gets reamed.
		In a pump and dump operation, those who can influence stock prices issue glowing reports which cause investors to put their hard-earned dollars into a stock right before it collapses.
		The Wall Street executives dumping their stocks are still trying to get small investors and pension funds to buy in when they know that a crash is coming.
	www.fromthewilderness.com /free/ww3/121504_insider_selling.shtml (1456 words)

	Fred disects a SPAM (Site not responding. Last check: 2007-10-20)
		The pump and dump scheme has been around for years, it is basically an attemp at manipulating the price of a stock through the media.
		What makes this swindle so attractive is that the person doing the con doesn't have to have any direct involvement with the company who stock is being "pumped." The swindler simply buys a block of stock in the to-be-pumped company, then pumps it and when the price goes up, simply dumps it.
		Most of these "pump and dump" stocks are what they call "microcaps," i.e.
	www.inti.net /pumpdump.htm (609 words)

	LayItLow.com Forums -> 1 pump 4 dump
		Pipe out of the "Dump" ports of both of those dumps into the "Normally Open" ports on the second pair of dumps.
		The reason for so many prongs is because each corner now has to activate the first dump (as well as the pump) in order to raise.
		Well if you wired the first dump to the same prong as the pump, it would open every time you activate the pump.
	www.layitlow.com /forums/index.php?showtopic=93364 (1082 words)

	'Pump and Dump' Guilty Verdict
		Tiburon man convicted of 'pump and dump' scheme.
		A former Tiburon man was convicted by a federal jury in San Francisco yesterday on charges of conspiracy to commit securities fraud through a "pump and dump" scheme.
		Federal prosecutors described the case as a classic pump and dump scheme, in which promoters push up a stock's price by making false claims about the company and then later sell their own shares to make a profit on the artificially high price.
	www.sfgate.com /cgi-bin/article.cgi?file=/chronicle/archive/2001/02/09/BU148866.DTL&type=business (395 words)

	Pump and dump
		The financial fraud known as pump and dump involves artificially inflating the price of a stock or other security through promotion, in order to sell at the inflated price.
		This practice is illegal under securities law -- yet it is particularly common on the Internet.
		But when the persons behind the scheme sell their shares at the peak and stop promoting the stock, the price plummets, and investors lose their money.
	www.brainyencyclopedia.com /encyclopedia/p/pu/pump_and_dump.html (276 words)

	New twist on 'pump and dump' scams brings guilty plea for obstructing SEC probe (Site not responding. Last check: 2007-10-20)
		WASHINGTON -- A new twist on the "pump and dump" stock-fraud scam, using phony voicemail messages, brought a guilty plea Tuesday from a telemarketing executive for obstructing an investigation by the Securities and Exchange Commission.
		So-called "pump and dump" scams, in which the perpetrators tout small, thinly traded stocks to investors to inflate the prices and then sell their own shares at a profit, abounded in the late 1990s amid the stock market boom.
		O'Grady, who lives in Augusta, Ga., and the stock promoters engaged in the "pump and dump" scheme using the voicemail messages, the authorities said.
	www.post-gazette.com /pg/05124/498517.stm (787 words)

	BBC News \| UK \| 'Dump the pump' targets BP
		Despite little support shown on the forecourt for the first "dump the pump" on 1 August, organisers say almost four in 10 motorists back the boycott.
		Organiser of the Boycott the Pump campaign, Garry Russell, says targeting BP will focus the campaign and keep the high price of fuel in the public eye.
		Boycott the Pumps says BP was the overwhelming choice of target among the drivers it spoke to, and making a real impact on one large company will increase pressure on the government.
	news.bbc.co.uk /1/hi/uk/869198.stm (507 words)

	The Pump and Dump Method for Handling Closers
		He is a former sports reporter for the Cecil Whig and previously co-hosted a weekly sports talk show in Maryland, which included post-game analysis on on the local Baltimore Orioles affiliate station.
		Remember – the point of the “Pump and Dump” method is to create value simply through your own research and roster management.
		There are risks involved, of course, when attempting to execute the “Pump and Dump” method of acquiring saves.
	www.baseballnotebook.com /e_070403.asp?linkid=0 (2625 words)

	Pump and Dump: Internet Fraud
		Basically, pump and dump refers to people acting as if they are average investors or insiders at a company, who buy thinly traded stock and then send out false messages about the stock hoping to have the price rise.
		They usually act fast when the news is circulated to buy a certain stock and they end up losing large sums of money when the price plummets after the promoters sell their holdings and move on.
		Stories popping up pertaining to pump and dump and other types of Internet fraud are on the rise.
	hyper.vcsun.org /HyperNews/battias/get/cs454/topic00/30.html (695 words)

	SANS - Internet Storm Center - Cooperative Cyber Threat Monitor And Alert System
		`Pump and Dump' spam messages are email messages that appear to give the reader an insiders edge to a particular stock that will have some amazing growth.
		The people involved in this spam have undoubtedly bought many shares of the stock ahead of time and will dump them after unsuspecting users push the stock price up with their purchases.
		So, if you find that your company has had a large uptick in `pump and dump' spams, know that you are not the only ones.
	isc.sans.org /diary.php?date=2005-09-26 (602 words)

	US punters warned of 'pump and dump' phone scam \| The Register
		Regulators believe these messages are part of a "pump and dump" stock manipulation scheme, with those behind them chahsing in by driving up the price of their targeted stocks, then selling, and leaving victims with losses.
		And once the fraudsters sell their shares ("dump") and stop hyping the stock, the price invariably falls and investors lose their money.
		But in all 'pump and dump' schemes, as soon as the promoter stops touting a stock, the price plummets and other investors lose their money." ®
	www.theregister.co.uk /2004/08/23/pump_and_dump (512 words)

	Beware of pump and dump schemes on yahoo (Site not responding. Last check: 2007-10-20)
		The buyers use this year to pump the price of the stock and than sell it after a year after the issuer has filed a registration statement.
		This regulation S is in trouble and hearings are underway to curb this regulation S practice.
		The stock of my start up company will be immediately registered and the foreign investor will be able to pump the stock of a deserving Company.
	www.talkaboutinvestments.com /group/alt.invest.penny-stocks/messages/126753.html (699 words)

	Pump and dump - Definition of word from Investor Dictionary - Define meaning of Pump and dump (Site not responding. Last check: 2007-10-20)
		Pump and dump - Definition of word from Investor Dictionary - Define meaning of Pump and dump
		Fraudsters frequently use this ploy with small, thinly traded companies -- known as "penny stocks," and generally traded on the over-the-counter bulletin boards, rather than on the larger exchanges like the NYSE or Nasdaq -- because it's easier to manipulate a stock when there's little or no information available about the company.
		Pump And Dump: The Rancid Rules of the New Economy
	www.investordictionary.com /definition/pump+and+dump.aspx (341 words)

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