This is a summary of links featured on Quantocracy on Friday, 01/11/2019. To see our most recent links, visit the Quant Mashup. Read on readers!
Pump-and-Dump Participation/Losses [CXO Advisory]A pump-and-dump scheme promoter: (1) builds a position in a stock (often a thinly traded penny stock); (2) gooses its price by spreading misleading information; and, (3) liquidates the position once the stock reaches. Who responds to such schemes and what are their returns? In the December 2018 revision of their paper entitled Who Falls Prey to the Wolf of Wall Street? Investor