Figuring out what pumpers are pumping ahead of time

This relates to a pump of a Nasdaq stock, IRSN, today. See the video page (or just download the mp4 video). This was pumped by some Beacon Equity websites. Pumpers will occasionally pump stocks for which they have not been compensated if they think it is a decent trade that can make them look smart.

 

Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

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