pump and dump

Noun

countable uncountable slang

(finance) A form of financial fraud where the fraudster buys stocks cheaply, generates excitement about those stocks to create a temporary price increase, then sells the stocks before the price goes back down.

Japanese Meaning

金融詐欺の一種。投資家が低価格で購入した株などの資産の価格を、虚偽の情報や宣伝により一時的に吊り上げ、その後急騰した価格で売却することで利益を得る行為。結果として、後から参入した投資家は損失を被る可能性がある。

What is this buttons?

He was charged for orchestrating a pump and dump that devastated retirement accounts.

Google Translation / DeepL Translation

彼は株価を人為的に釣り上げてから保有株を売り抜く詐欺を仕組んだとして起訴され、退職者の貯蓄を壊滅させた。

Details

Sense（1）

[…] Mr. Colt bought the stocks in advance of his tips and sold them at a profit as soon as his followers bid up the prices. The stocks then plunged back to earth, causing losses for unwary investors in what the S.E.C. called an updated version of the classic market manipulation known as a pump and dump.

Google Translation / DeepL Translation

Details

Sense（2）

“#pumpanddump,” she captioned the image. On her Instagram Story, the model shared the same image with the caption, “More like cowchella lol Jamiroquai was soooo worth the pump and dump,” referencing the British funk and jazz band performing.

Google Translation / DeepL Translation

Details

Sense（3）

"She's the one who wants a quick fuck. I need more than that — not a wedding ring — but she's already been with two other guys this week. In this day and age? No way."