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Definition of 'Poop'
A slang term often used to describe inside information or people with insider information. A poop has access to nonpublic information, which can be used to their advantage. Investors are not allowed to trader on material insider information. If they do, they could face penalties or even jail time.
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Investopedia explains 'Poop'
Although not the most illustrious name, poop usually it refers to the actual information, but it could be used to describe anyone with insider information including a director of a company, the wife of an employee or even the next-door neighbor. If a person has insider information they would be consider a poop.
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Search results for 'Poop'
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http://www.investopedia.com/articles/financial-theory/09/history-of-fraud.asp
... The danger of Drew's combined poop and scoop, pump and dump schemes was in taking
the short position. In 1864, Drew was caught in a corner by Vanderbilt. ...
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