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  • Monday, April 28, 2025
  • The Financial Encyclopedia
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  • September 7, 2021
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Poop and Scoop

The illegal practice of spreading negative information or false rumors in order to manipulate a stock price with the aim of driving it down and purchasing it at a bargain price once its price has actually dropped. A scammer tries, usually on the internet, to publish and distribute misleading news about a specific firm in order to negatively affect the price of its share which he intends to buy.

The opposite of poop and scoop is pump and dump.


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