$VBI Vaccines (VBIV.US)$Pump and dump on Monday is in the wo...
$VBI Vaccines (VBIV.US)$Pump and dump on Monday is in the works.
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MTPockets : What indications show pump and dumps might happen on any stock
Mcsnacks H Tupack OP MTPockets : Well a certain group has learned how to manipulate the market. So what they do is start premarket chatter by having a stock start rising unexpectedly around 5 or 5:30 AM. And this shows up on Robinhood, which has 10 million users, as the top feed. They see it and pass it on to others so it becomes serious numbers buying in. The group has already bought 30 or 40,000 shares the day before at bottom dollar prices. Then they have it drop down somewhat around 8-8:15 so that it’s been given validation and low enough for millions to start buying in. Then at 10:30 they sell off their shares for millions and let the stock tank the rest of the day. The SEC has begun an investigation into to stop it. Robinhood May be shut down or fined because they post after market share prices which could be deemed as false pretenses.
70138540 : RSI 94. be careful
NewGuyOnTheBlock : if robinhood shuts down what happens to my brokerage account?