% | $
Quotes you view appear here for quick access.

AVT INC Message Board

  • bbb22209 bbb22209 Mar 6, 2013 3:57 PM Flag

    Definition of Pump and Dump According to SEC

    "Pump-and-Dumps" and Market Manipulations
    "Pump-and-dump" schemes involve the touting of a company's stock (typically small, so-called "microcap" companies) through false and misleading statements to the marketplace. These false claims could be made on social media, as well as on bulletin boards and chat rooms. 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. Often the promoters will claim to have "inside" information about an impending development or to use an "infallible" combination of economic and stock market data to pick stocks. In reality, they may be company insiders or paid promoters who stand to gain by selling their shares after the stock price is "pumped" up by the buying frenzy they create. Once these fraudsters "dump" their shares and stop hyping the stock, the price typically falls, and investors lose their money.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Google the following " cease and desist AVT Inc"

      Click on first link

      and then explain why anyone should put a dime into this company

    • Very good, bbb22209. And as you are obviously referencing this to AVT, could you be so kind as to point out the "false and misleading statements" made by AVT? Or, for that matter, could you point out the messages that urge readers "to buy a stock quickly"? I agree that some writers are trying to get people to dump the stock, but they are most likely short sellers.

      Sentiment: Strong Buy

0.700.00(0.00%)Apr 29 3:22 PMEDT