Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

scalping

Read a random definition: charitable organization

A quick definition of scalping:

Scalping is when someone sells something, like a ticket, for more money than it's worth because it's hard to get. This is usually done right before a big event. It's also when an investment adviser buys a stock before telling their customer to buy it, which is not fair. Lastly, it's when a market-maker charges too much for a transaction, which is against the rules.

A more thorough explanation:

Definition: Scalping is a term used in different contexts:

  1. The act of selling something, like a ticket, at a higher price than its face value when it becomes scarce, usually just before a high-demand event begins. For example, selling a ticket to a sold-out concert for a much higher price than its original cost.
  2. The unethical practice of an investment adviser buying a security before recommending it to a customer, which increases the security's price, allowing the adviser to sell it at a profit. This practice is considered unethical because it takes advantage of the customer's trust.
  3. The excessive markup or markdown on a transaction by a market-maker, which violates National Association of Securities Dealers guidelines.

Examples:

  • Example 1: John bought a ticket to a basketball game for $50, but when the game became sold out, he sold it to his friend for $150. This is an example of scalping.
  • Example 2: An investment adviser buys shares of a company before recommending them to their clients. The adviser's recommendation causes the stock price to rise, and the adviser sells their shares at a profit. This is an example of unethical scalping.
  • Example 3: A market-maker buys a stock at a low price and sells it to a customer at a much higher price, making a large profit. This is an example of excessive scalping.

These examples illustrate how scalping involves taking advantage of a situation to make a profit, often at the expense of others. It is important to be aware of these practices and to avoid participating in them.

scalper | scandal

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
LSD+ is ad-free, with DMs, discounts, case briefs & more.