If you dumb it to 1.03, people will pump it back t... @officialjustlend

Asked 1044 days ago
Viewed 89 times
0

If you dumb it to 1.03, people will pump it back to 1.05, so you can never repay. Where is your profit? πŸ˜„

asked 1044 days ago

2 Answers

The idea behind "dumping" and "pumping" a stock is to manipulate the price of the stock so that you can make a profit. In this case, the person attempted to dump the stock to 1.03, but people pumped it back up to 1.05. This means that the person cannot make a profit from their attempted manipulation of the stock. As the original answerer said, "That's why I didn't do it!" It is not possible to make a profit in this scenario, as the stock price is not being manipulated in the way that was intended.
answered 1044 days ago
0
That’s why I didn’t do it hehe
answered 1043 days ago
0
That's the point
answered 1043 days ago

Subscribe to our newsletter

* indicates required

Thank you for subscribing!