stock promoter

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.

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  • promoter — pro·mot·er n: one who alone or with others actively participates in the formation of a business or venture promoter s owe a fiduciary duty to the corporation they are promoting R. C. Clark Merriam Webster’s Dictionary of Law. Merriam Webster.… …   Law dictionary

  • Promoter — Pro*mot er, n. 1. One who, or that which, forwards, advances, or promotes; an encourager; as, a promoter of charity or philosophy. Boyle. [1913 Webster] 2. Specifically, one who sets on foot, and takes the preliminary steps in, a scheme for the… …   The Collaborative International Dictionary of English

  • Stock Exchange of Thailand — The Stock Exchange of Thailand (SET) is the national stock exchange of Thailand. It is located in Bangkok. The indices of the stock exchange are SET Index, SET50 Index and SET100 Index.HistoryThe modern Thai Capital Market traces its origins back …   Wikipedia

  • promoter —    An entrepreneur, especially a person involved in the initial financing and launch of a business. In general, the promoter is the principal shareholder or one of the managers of the business and justifies the shareholding (i.e., promotional… …   Business law dictionary

  • promoter's stock — founder s stock, instituter s stock …   English contemporary dictionary

  • promoter — n. 1 a person who promotes. 2 a person who finances, organizes, etc. a sporting event, theatrical production, etc. 3 (in full company promoter) a person who promotes the formation of a joint stock company. 4 Chem. an additive that increases the… …   Useful english dictionary

  • Promoter — An individual or company that, for a fee, helps raise money for some type of investment activity. Most often, promoters raise money for a company through offering investment vehicles other than traditional stocks and bonds, such as limited… …   Investment dictionary

  • promoter — One who promotes, urges on, encourages, incites, advances, etc. One promoting a plan by which it is hoped to insure the success of a business, entertainment, etc. venture. The persons who, for themselves or others, take the preliminary steps to… …   Black's law dictionary

  • promoter — A person who undertakes to bring about the incorporation and organization of a corporation, procures for it the rights and capital by which it is to carry out the purposes set forth in its charter, and establishes it as able to do business,… …   Ballentine's law dictionary

  • Watered stock — is an asset with an artificially inflated value. The term is most commonly used to refer to a form of securities fraud common under older corporate laws that placed a heavy emphasis upon the par value of stock. Origin of term Stock Watering was… …   Wikipedia

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