Pump and Dump

Trading penny stocks is ALWAYS risky!

Pump and dump schemes involve stocks that have had their price artificially inflated. This can be done by manipulating the market but often it is done by sending out a spam run tricking small investors to cash in on a stock.

The fraudsters then quickly sell the overhyped shares collecting profits for themselves and causing investors and brokerages to lose money.

It has been estimated that 15% of all spam or junk e-mail is made up of messages that "pump" stocks that are later "dumped".

Now, VeriSign has developed anti-fraud software that works by keeping an eye on real-time trading activity.

Simply marvelous!!!!!