* Posts by Mike

1 publicly visible post • joined 22 Jun 2007

Pump-and-dump scammers issue German prospectus

Mike

Can you profit from a pump-and-dump?

Presumably those duped by pump-and-dumps are oblivious to the stocks' collapse until the scammers have sold out.

But given that we're tipped off to the pumped companies via the spam, couldn't someone buy up stock in one of these companies at the low price then sell before it crashes?

Would that work?