Re: Pump-and-dump scheme
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I went to high school with a kid who made at least a few million bucks through pump and dumps(he made it all while he was still in HS). I think he was doing this during 1999-2000, he made a bunch of Yahoo profiles and then spammed individual stock message boards with a penny stock profile. He got in trouble with the SEC, had to pay $900k I think but he was still pretty rich and bought one of the bigger houses in town when he graduated from high school.
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How much did he start with?
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