pump and dump definition by Wordo

Noun

A

form

of

financial

fraud

where

the

fraudster

buys

stocks

cheaply

,

generates

excitement

about

those

stocks

to

create

a

temporary

price

increase

,

then

sells

the

stocks

before

the

price

goes

back

down

.

Verb

To

use

a

breast pump

and

then

discard

the

milk

,

typically

because

one

has

had

an

infection

,

or

has

been

drinking

alcohol

.