Investors lose billions on US penny stocks as 'pump and dump' scams multiply

18 pseudolus 3 8/18/2025, 1:52:26 PM ft.com ↗

Comments (3)

pseudolus · 3h ago
nullc · 20m ago
It's common for pump and dump to be extremely obvious. The reason for this is that many-- in some cases, virtually all-- of the victims/targets are aware it's a P&D and they believe they're going to get out early and leave some sucker holding the bag. In reality, they're the sucker.

Articles like this that discuss the subject and show graphs of spectacular rises without mentioning that people who know its a P&D are frequently among the victims might contribute to the problem. ... While some readers see this and can now recognize a P&D some of them are looking at that graph and thinking "when I next see a P&D I'll join in and exit >>here<<".

longtimelistnr · 1h ago
1-800-522-4700 for anyone humoring these kinds of "investments"