Beware the Pump & Dump (Mini-Documentary)

Pump & Dump schemes have been prevalent for years, taking advantage of retail investors who use emotion to drive their decision making instead of research. Learn about how the pump & dump scheme works as well as how to protect yourself.
The SCRIPT:
You’ve finally found it. The opportunity of a lifetime. Your friend clued you to a new stock that somehow has risen nearly 1000% over the course of the year. You’re a bit nervous because you wonder if the ship has already sailed, but he tells you that it’s not too late to get in and make a killing.
You check twitter, and EVERYONE is talking about it. People are posting technical discussions explaining why the company is going to 100x in the next six months. They post screenshots of their holdings… one man’s $1000 investment six months ago has turned into nearly $1 million dollars today. Everyone is confident that this is a safe investment. Stonks only go up, right?
After a few hours of research, the security has risen another 10%! FOMO starts to kick in. If you don’t get in now, you’ll be missing out on the opportunity of a lifetime. All of your instincts are telling you to BUY BUY BUY. So you throw caution to the wind, take that $10,000 that was sitting in your eTrade account and buy up as many shares as you can.
For a short time, this turns out to be an AMAZING play. Over the course of the next few weeks, you see your investment double. The hype still seems to be strong on social media, so you double down, adding an additional $10,000 investment. You feel like the smartest trader on Wall Street.
Suddenly, and without warning, the stock plummets nearly 50%. In your hubris, you forgot to add a stop loss sell order, and now you’ve lost over half of your investment. You frantically text your friend, who tells you not to worry, it’s just a momentary blip and the stock is still a fantastic play. You listen, despite your fear. But it turns out your friend was completely wrong. Over the next few weeks, the stock loses another 50% of its value. All hope is lost, and you decide to cut your losses. You’ve been duped, tricked into believing the hype of the stock. You’d rather retain a fraction of your investment rather than hold someone else’s bags.
You were just the victim of the classic pump and dump scheme.
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DISCLAIMER: These videos are for entertainment purposes only. This is not meant to be financial advice. Before taking any actions, do your own research and never stop learning.

[@omarfarique6304]

I just saw a Jordan Belfort sales webinar ad on this video 😂😂

[@GameTheSystem]

🤣lol

[@moun7522]

😂😂😂😂😂😂

[@kurokeme87]

Please " game the system " never stop doing what you do, please, this is a wonderful content just keep concentrating on your contents the subscribers and likes will come soon you are amazing with what you do. And one more thing Dont forget us your loyal followers when you are on top.

[@natasfresas]

Yess I love explainer videos like this. Good job man.

[@rockefeller13]

Pump and dumps can easily be avoided if you avoid fomo trading

[@LeonardIvory-k4g]

I really appreciate your efforts! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What's the best way to send them to Binance?

[@MrFox64057]

Do one with the meme pump and dumps

[@beanloyal5696]

I have a question am new in trading so the pump and dump scheme if get you sale before it the stock crash you good though right and is it good to short sell it?

[@panda63725]

1. Many brokers do not allow you, the retail investor,.to short sell penny stocks.
2. The short sell interest may increase drastically and the waiting may cause you heart attack when you loose in shirt sell interest.
3. Your broker may give you a margin call when the stock rises further, which means your account can be liquidated if you cannot deposit more money.

[@BranislavJanjatovic]

Do can't must transaction?😊

[@johannes7959]

Great Video.

[@s_l_u_m_d_o_g]

great videos bro💯

[@MarkusPro]

Excellent work

[@TyroneKalu00]

I'm getting GameStop vibes

[@Viviko]

This is actually really common in crypto shitcoins.

[@jackienielsen1588]

Happens everyday in the $7trillion/day Forex Market ... what's your point!

[@reiyhana_]

Film name please

[@jessnalulila5552]

The Wolf of Wallstreet

[@maskinbeauty3734]

How Many got scammed playing this game?

[@greenvilleobserver9431]

I made $1k in one hour on SHOT last November. It was in the news, went from 280 to 7 bucks. Got out at 6. Heart pounding. Got lucky.

[@graciayumbu6202]

First

[@shivakashyap8695]

Bro, please make a video on how donators & churches convert black money into white? By the way, your videos are killing

[@CookInTheWeeds]

great video! I remember this on line pump and dump called awesome penny stocks. and you would sign up for a newsletter via email of the next biggest company they were "promoting" I remember one they sent out was .03 per share and in the matter of hours it rose to almost $2.00 per share with heavy volume. Then, we all know what happens next.