Stock Market Scams

As an investor, you must be aware of the stock market scams. The following are two of the most common stock scams.

The Pump and Dump

The pump and dump is one of the easiest and most common ways of taking money away from unsuspecting investors. Although it is illegal, the use of the pump and dump has actually increased because the Internet has made it possible to reach millions more people.

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Microcap Spam

The biggest difference between a microcap stock and other stocks is the amount of reliable, publicly available information about the company. Larger public companies are required to file reports with the SEC and any investor can review them for free from the SEC’s website. Professional stock analysts regularly research and write about larger public companies, and it’s easy to find their stock prices in the newspaper. In contrast, information about microcap companies can be extremely difficult to find, making them more vulnerable to investment fraud schemes.

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