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Investment Dictionary:

Poop And Scoop

A highly illegal practice occurring mainly on the Internet. A small group of informed people attempt to push down a stock by spreading false information and rumors. If they are successful, they can purchase the stock at bargain prices.

Investopedia Says:
Poop and scoop is the opposite of pump and dump.

Related Links:
This sinister version of short selling tries to profit by generating fear in the market place. Find out how you can help prevent "short and distort". The Short And Distort - Stock Manipulation In A Bear Market
To bamboozle someone out of their money is an age-old ruse. Learn about some of the gimmicks modern-day swindlers use and avoid becoming a statistic. Online Investment Scams Tutorial


 
 

Illegal scheme whereby unfavorable information about a stock is circulated, usually on the Internet, to drive down its price so it can be bought cheaply and later converted into a profit. In earlier years, Bear Raids did essentially the same thing using Selling Short instead of, or along with, negative publicity to drive down prices. The opposite of poop and scoop is pump and dump, a practice that had its pre-Internet counterparts in the Boiler Room and Bucket Shop.

 
 

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Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more

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