Birdwatch Note Rating
2023-12-24 05:24:16 UTC - HELPFUL
Rated by Participant: 946524854E035800CCAD9C77E3A72C72CBE529008CDB63E4EA456C23C7501292
Participant Details
Original Note:
This is a pump and dump scheme. In this scam, fraudsters spread misleading information to boost a stock's price before selling their shares at the inflated value. Source: https://www.investor.gov/introduction-investing/investing-basics/glossary/pump-and-dump-schemes#:~:text=In%20a%20pump%20and%20dump,shares%20at%20the%20inflated%20price.
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