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Michael Roddan

HotCopper’s warning to stock pumpers

Michael RoddanNational correspondent

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When the Australian Securities and Investments Commission belatedly warned last week of serious punishments facing online “pump and dump” campaigners, Jag Sanger tweeted: “We’ve run stories on finfluencers, WhatsApp groups, the webinar promoters and now ASIC is waking up”.

Sanger is the founder and boss of The Market Herald, the listed company that owns such assets as its eponymous Australian financial news website, Canadian small cap message board Stockhouse, and gruesome online forum HotCopper.

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Michael Roddan is a Walkley Award-winning national correspondent based in Sydney. He is a former business and economics reporter for The Australian. Connect with Michael on Twitter. Email Michael at m.roddan@afr.com

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    Original URL: https://www.afr.com/rear-window/hotcopper-s-warning-to-stock-pumpers-20210927-p58v1a