Glossary

Pump and dump

Also written or said as: p&d, pnd, pump & dump

A scheme where a group pushes a price up with hype and then sells to the buyers it attracted.

The group buys quietly, then shills hard through callers, KOLs and fake volume. New buyers rush in, and the group sells into them, leaving a chart that looks like a spike followed by a cliff. The later you hear about the 'pump', the more likely you are the one being dumped on.