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Pump And Dump
Pump and dump (P&D) is a form of securities fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" (sell) their overvalued shares, the price falls and investors lose their money. This is most common with small-cap cryptocurrencies and very small corporations/companies, i.e. " microcaps". While fraudsters in the past relied on cold calls, the Internet now offers a cheaper and easier way of reaching large numbers of potential investors through spam email, investment research websites, social media, and misinformation. Scenarios Pump-and-dump schemes may take place on the Internet using an email spam campaign, through media channels via a fake press release, or through telemarketing from " boiler room" brokerage houses (such as that dramatized in the 2000 film '' Boiler Room''). Often the stock promoter will cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bubble
Bubble, Bubbles or The Bubble may refer to: Common uses * Bubble (physics), a globule of one substance in another, usually gas in a liquid ** Soap bubble * Economic bubble, a situation where asset prices are much higher than underlying fundamentals Arts, entertainment and media Fictional characters * Bubble, a character in ''Absolutely Fabulous'' * Bubbles, an oriole from the ''Angry Birds'' franchise * Bubble, in the video game '' Clu Clu Land'' * Bubbles (''The Wire'') * Bubbles (''Trailer Park Boys'') * Bubbles, a yellow tang fish in the ''Finding Nemo'' franchise * Bubbles, in ''Jabberjaw'' * Bubbles Utonium, in ''The Powerpuff Girls'' ** Bubbles (Miyako Gotokuji), in ''Powerpuff Girls Z'' * Bubbles (''The Adventures of Little Carp'') * Bubbles, in '' The Adventures of Timmy the Tooth'' * Bubbles the Clown, a doll used in the BBC's Test Card F * Cobra Bubbles, in ''Lilo & Stitch'' * Bubbles DeVere, in ''Little Britain'' * Bubbles Yablonsky, the protagonist in a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trading Volume
In capital markets, volume, or trading volume, is the amount (total number) of a security (or a given set of securities, or an entire market) that was traded during a given period of time. In the context of a single stock trading on a stock exchange, the volume is commonly reported as the number of shares that changed hands during a given day. The transactions are measured on stocks, bonds, options contracts, futures contracts and commodities. The average volume of a security over a longer period of time is the total amount traded in that period, divided by the length of the period. Therefore, the unit of measurement for average volume is shares per unit of time, typically per trading day. Significance Trading volume is usually higher when the price of a security is changing. News about a company's financial status, products, or plans, whether positive or negative, will usually result in a temporary increase in the trade volume of its stock. Shifts in trade volume can make obse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wolf Of Wall Street (book)
''The Wolf of Wall Street'' is a memoir by former stockbroker and trader Jordan Belfort, first published in September 2007 by Bantam Books, then adapted into a 2013 film of the same name (directed by Martin Scorsese and starring Leonardo DiCaprio as Belfort). Belfort's autobiographical account was continued by ''Catching the Wolf of Wall Street'', published in 2009. Belfort tells his real-life story of creating Stratton Oakmont, a brokerage house engaged in pump and dump schemes with penny stocks. The firm was shut down by regulators in the late 1990s, and Belfort was subsequently jailed for securities fraud. Reception A reviewer of ''Publishers Weekly'' stated "The book's main topic is the vast amount of drugs and risky physical behavior Belfort engaged in in order to survive. As might be expected in the autobiography of a veteran con man with movie rights already sold, it's hard to know how much to believe. The story is told mostly in dialogue, with allegedly contemporaneous ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jordan Belfort
Jordan Ross Belfort (; born July 9, 1962) is an American entrepreneur, speaker, author, former stockbroker, and financial criminal. In 1999, he pleaded guilty to fraud and related crimes in connection with stock-market manipulation and running a boiler room as part of a penny-stock scam. Belfort spent 22 months in prison as part of an agreement under which he gave testimony against numerous partners and subordinates in his fraud scheme. He published the memoir '' The Wolf of Wall Street'' in 2007, which was adapted into a Martin Scorsese film of the same name released in 2013, in which he was played by Leonardo DiCaprio. Early life Belfort was born in 1962 in the Bronx borough of New York City to Jewish parents. His father Max and his mother Leah were both accountants. He was raised in Bayside, Queens. Between completing high school and starting college, Belfort and his close childhood friend Elliot Loewenstern earned $20,000 selling Italian ice from styrofoam coolers to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stratton Oakmont
Stratton Oakmont, Inc. was a Long Island, New York, "over-the-counter" brokerage house founded in 1989 by Jordan Belfort and Danny Porush. It defrauded many shareholders, leading to the arrest and incarceration of several executives and the closing of the firm in 1996. Section 230 of the Communications Decency Act was created in response to '' Stratton Oakmont, Inc. v. Prodigy Services Co.''. History Jordan Belfort founded Stratton Oakmont in 1989 with Danny Porush and Brian Blake. Earlier, Belfort opened a franchise of Stratton Securities, a minor league broker-dealer, and then bought out the entire firm. Stratton Oakmont became the largest over-the-counter firm in the United States during the late 1980s and 1990s, responsible for the initial public offering of 35 companies, including Steve Madden Ltd. The firm did not have a product control function to verify prices of its positions and monitor trading activity. Stratton Oakmont participated in pump-and-dump schemes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cryptocurrency Exchange
A cryptocurrency exchange, or a digital currency exchange (DCE), is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies. Exchanges may accept credit card payments, wire transfers or other forms of payment in exchange for digital currencies or cryptocurrencies. A cryptocurrency exchange can be a market maker that typically takes the bid–ask spreads as a transaction commission for its service or, as a matching platform, simply charges fees. Some brokerages which also focus on other assets such as stocks, like Robinhood and eToro, let users purchase but not withdraw cryptocurrencies to cryptocurrency wallets. Dedicated cryptocurrency exchanges such as Binance and Coinbase do allow cryptocurrency withdrawals, however. Operation A cryptocurrency exchange can typically send cryptocurrency to a user's personal cryptocurrency wallet. Some can convert digital currency balance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Illiquid
In business, economics or investment, market liquidity is a market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change in the asset's price. Liquidity involves the trade-off between the price at which an asset can be sold, and how quickly it can be sold. In a liquid market, the trade-off is mild: one can sell quickly without having to accept a significantly lower price. In a relatively illiquid market, an asset must be discounted in order to sell quickly. Money, or cash, is the most liquid asset because it can be exchanged for goods and services instantly at face value. Overview A liquid asset has some or all of the following features: It can be sold rapidly, with minimal loss of value, anytime within market hours. The essential characteristic of a liquid market is that there are always ready and willing buyers and sellers. It is similar to, but distinct from, market depth, which relates to the trade-off between quan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PLUS Markets Group
PLUS Markets Group was a UK electronic stock exchange based in London for small cap companies that was acquired by ICAP in 2012 and rebranded as ''Icap Securities and Derivatives Exchange'' (ISDX). It was a market operator under MiFID Markets in Financial Instruments Directive, and was both a regulated market and a multilateral trading facility. PLUS Market Group was the holding company for PLUS Stock Exchange (PLUS-SX), PLUS Derivatives (PLUS-DX) and Plus Technology (PLUS-TX). It provided cash trading, listing, derivatives and technology services. After the group got into financial trouble in 2012 it looked for ways to sell the business. The exchange, containing all the listed companies and the exchange license, was sold to ICAP and the technology division was sold to ''GMEX Group'' (formerly ''Forum Trading Solutions''). ICAP (after renaming itself as NEX Group in 2016) was bought out by CME Group in 2018. History PLUS Markets grew out of a growth-company stock market n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alternative Investment Market
AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows companies that are smaller, less-developed, or want/need a more flexible approach to governance to float shares with a more flexible regulatory system than is applicable on the main market. At launch, AIM comprised only 10 companies valued collectively at £82.2 million. As at May 2021, 821 companies comprise the sub-market, with an average market cap of £80 million per listing. AIM has also started to become an international exchange, often due to its low regulatory burden, especially in relation to the US Sarbanes–Oxley Act (though only a quarter of AIM-listed companies would qualify to be listed on a US stock exchange even prior to passage of the Sarbanes–Oxley Act). By December 2005, over 270 foreign companies had been admitted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. History 1971–2000 "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, sec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pink Sheets LLC
OTC Markets Group (previously known as Pink Sheets) is an American financial market providing price and liquidity information for almost 10,000 over-the-counter (OTC) securities. The group has its headquarters in New York City. OTC-traded securities are organized into three markets to inform investors of opportunities and risks: OTCQX, OTCQB and Pink. History The company was first established in 1913 as the National Quotation Bureau (NQB). For decades, the NQB reported quotations for both stocks and bonds, publishing the quotations in the paper-based Pink Sheets and Yellow Sheets respectively. The publications were named for the color of paper on which they were printed. NQB was owned by CCH from 1963 to 1993. In September 1999, the NQB introduced the real-time Electronic Quotation Service. The National Quotation Bureau changed its name to Pink Sheets LLC in 2000 and subsequently to Pink OTC Markets in 2008. The company eventually changed to its current name, OTC Markets G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
