A highly illegal practice occurring mainly on the Internet. A small group of informed people attempt to push down a stock by spreading false information and rumors. If they are successful, they can purchase the stock at bargain prices.
Poop and Scooping is the opposite of Pump and Dumping.
Poop and Scooping is the opposite of Pump and Dumping.
I just sold my stock, because these guys told me to, but it turns out that they were just using the Poop and Scoop. I shouldn't have sold it.
by Noah Hoback January 24, 2009
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