Birdwatch Note Rating
2023-12-24 05:17:36 UTC - HELPFUL
Rated by Participant: A70643F43FE4996D310DAA40FDAD8233070BDD56D07F61D4C84E65C4BEB3FF05
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.
All Note Details