Editing Pump and dump (section)

====Enron====
As late as April 2001, before [[Enron scandal|Enron collapsed]], executives at the company participated in an elaborate pump and dump scheme.<ref name="DVD132">{{cite video|title=[[Enron: The Smartest Guys in the Room]]|medium=DVD|publisher=[[Magnolia Pictures]]|time=32:58|date=January 17, 2006}}</ref> Studies of the anonymous messages posted on the [[Yahoo]] board dedicated to Enron revealed predictive messages that it was akin to a [[house of cards]], had "fooled even the most sophisticated analysts", and that investors should bail out while the stock was good.<ref name="BMB-NYT">{{Cite news |author=Morgenson, Gretchen |author-link=Gretchen Morgenson |url=https://www.nytimes.com/2002/04/28/business/yourmoney/28WATC.html?pagewanted=1 |title=The Bears on This Message Board Had Enron Pegged |work=The New York Times |date=2002-04-28 |access-date=2010-04-25}}</ref> After Enron falsely reported profits, which inflated the stock price, they covered the real numbers by using questionable accounting practices. Twenty-nine Enron executives sold overvalued stock for more than a billion dollars before the company went bankrupt.<ref name="Publici">{{cite web|first=Dan |last=Chambers |url=http://publici.ucimc.org/mar2002/32002_7.htm |title=Enron the Symptom, Not the Disease |publisher=publici.ucimc.org |access-date=2010-04-25 |archive-url=https://web.archive.org/web/20060622102124/http://publici.ucimc.org/mar2002/32002_7.htm |archive-date=2006-06-22}}</ref>