Comment by yummyfajitas
16 years ago
How do you pump and dump a large company that you just purchased at a premium?
Incidentally, if such a pump and dump scheme was performed, the guilty party is completely obvious. A minority shareholder lawsuit would be readily forthcoming.
There are several approaches you can use on large company's including Enron style accounting fraud but clearly it's much simpler with small ones. Other options include http://www.paulgraham.com/submarine.html where you try to hype the market segment not any of it's products. But a far more legal approach is to simply kill off the R&D program and look for a sucker/greater fool to buy the rotting shell which looks great on paper.