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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.
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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