promoter's stock

listen to the pronunciation of promoter's stock
İngilizce - Türkçe
(Ticaret) kurucu hisse senedi
İngilizce - İngilizce
founder's stock, instituter's stock
stock promoter
A person who encourages others to purchase shares in publicly traded companies. The shares are often for penny stocks, which have low per-share value and are traded in low volumes over the counter or on small exchanges. The objective of a stock promoter is to increase investor awareness, trading volume, and share price. Stock promoters are often associated with pump and dump scams, speculation, and other unethical or illegal activities