Confessions Of A Market Maker cover image

Episode #98: Fintwit Pump and Dump Scheme

Confessions Of A Market Maker

00:00

The SEC's Crackdown on the Atlas Trading Group

JJ: The timing of this is a little interesting obviously the SEC had to be on to them for you know a good while um I saw like I guess some of these undercover agents were whatever they're called we're messaging with some of these guys. These guys are the chumps that you hire to help you offload your paper we call stock paper in the old days because we have to deposit paper certificates but it's just  the people behind these companies who made 100 million somewhere out there. JJ: You could sell 50 100 million shares of stock a day into this buying and just walk away from it. It doesn't take a rocket scientist or one degree in thermodynamics to figure out

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app