Sorry for the stupid question but im learning and i not trying to do anything illegal and go to jail or get fined, im poor enough as it is.
i hear about pump and dump being illegal and im kinda confused, but i was wondering if, i buy a stock and then close the position and collect my gains and then SHORT it right after on the same day with a daytrading account that has the shorts available?
example: i buy BAC for 24.00 then sell BAC 24.25 for a profit and then immedialty short it at 24.24…