Are pump and dump scams illegal because investors lose their money or because the stock crashes? Cause if its about investors losing money, then why not just sell your investors shares in their name when you sell yours? Everybody profits from the pump and dump in that situation, right?
>>1178494
>Cause if its about investors losing money, then why not just sell your investors shares in their name when you sell yours? Everybody profits from the pump and dump in that situation, right?
Because there isn't that many buy orders. Lmao.
Because it violates the law of money conservation.
Above all else, the government wants to make sure that
Money in = money out
Pump and dumps allow people to create money by raising the price and then quickly selling. That means people end up with a net increase in the total money supply. It's been a huge problem historically and is the leading cause of inflation
>>1178619
But they don't.
In order to sell at $20/share you need buyers at $20/share. They're the ones who get screwed(as well as the other adopters when the price plummets)
>>1179007
This desu, you know how OTCs work, right, OP? And it is simple math, it is impossible for both you and the investors to get profits from this, it is coming at the expense of the investors.
>>1178494
Pump and dump are legal as long as you don't give misleading information.
For example you can shill all you want just don't say stuff that are obviously false/misleading.
>>1178494
>market
>everyone making money
So do the brokers pay traders?
>>1178494
>Everybody profits from the pump and dump in that situation, right?
Do you know how the market works son. Your profit has to come from somewhere.
>>1178494
Don't be unethical
>>1179069
>it is impossible for both you and the investors to get profits from this
That's not what Bernie Sanders told me.
