SpongeTeched

The act of being lured by scammsters into buying shares of a worthless garbage company then driving the price of those shares into the ground. Then the leaders of the company get arrested for fraud against the shareholders for various horrible acts.

Victim: Yo bro - I bought this stock and I turned a 1000% profit and the next day I was down 2000%.

Bro: OH damn bro! You mean you got SpongeTeched right in you ass!