Hi tutor,
I don't know if this particular one was made up or not.
Though Google search does seem to point to this, the practice described is very real.
Anyone wanting to do some further reading on this, use the links below:
Wikipedia link:
https://en.wikipedia.org/wiki/Pump_and_dump
Investopedia link:
https://www.investopedia.com/terms/s/shortanddistort.asp
SEC link:
https://www.sec.gov/news/press/2008/2008-64.htm
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