$AMTD Digital (HKD.US)$ how come the price so high still can...
$AMTD Digital (HKD.US)$ how come the price so high still can run so easyly. my $Camber Energy (CEI.US)$ so cheap and low float, but so hard to go rocket…![]()
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Zerocool888 : It’s because of market manipulations. Hedge Funds and SEC are best friends. They control and dictate which stock to go up. SEC is well paid by HFs. Stocks normally get suspended or halt each time is goes over or under 10% within a certain timing. Guess what? There was only one halt yesterday.
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When a stock suddenly goes up so fast without any warning, it will go down very fast very any warning as well. With so low volume, it’s not something you see everyday.
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Many traders got burn earlier few months ago and just last week there were many still cursing and swearing at this stock when it was $9 but I guess they are not cursing now.
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Still I wouldn’t touch this super volatile stock. It’s like catching falling knives. Temptation is on everyone’s mind now and they are extremely tempted to enter but yet afraid the minute they enter, it drops like a waterfall.
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As for me, this is not the first stock that behave this way. Again, if you are not familiar with such stock and never done your DD, it’s best not to touch it. Once you start with just 1 share, the next minute you will buying 1000 shares.
San 8723 OP Zerocool888 : Thanks for your reply. I did experience my stock halted and down 100% In the end I can’t sell on time…so bad…I got burned before.
Zerocool888 San 8723 OP : You just watch and observed. Once this falls back to Earth, you will see the usual suspect complaining this is a crap stock! Hahahaha…….
San 8723 OP Zerocool888 : Ok. Will see.
Zerocool888 San 8723 OP : So, what do you think so far? Hahahaha…….still want to buy? Only Hedge Funds has the power to control the price nowadays. SEC is just another toothless tiger. This stock has zero fundamental value. It’s a HF playground to fool inexperienced traders. Push the stock up and traders will be tempted to chase due to FOMO.
San 8723 OP Zerocool888 : Understand now. Thanks!