$EPRINT GROUP (01884.HK)$ People who are victims of this pum...
People who are victims of this pump and dump scheme can share their experiences here to create more awareness. A lot of time, we are blinded by greed and scammers make good use of this greed to rip us of our hard earned money. Scammers out there, be careful, you will get you retributions.
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105117071 : How will next week's opening go?
W5mnOP 105117071: How it will turn out eventually, only those manipulating the stock will know. You can look at 01718 for some reference. Waterfall for 01718 happened on 26 April. But you must understand this stock may not turn out the same as 01718.
DeathFireArt : I want to share a cautionary tale about a pump and dump scheme I encountered, which is a tactic repeatedly used by scammers. They've executed this scheme three times already, and I was caught in it two years ago. My investment of 500,000 HKD dwindled to almost nothing, leaving me frustrated and upset
. However, I managed to exit with no loss at 0.8 during one of their pumps.
I kept in contact with a fake specialist, out of curiosity, to see if they would repeat their pattern. Before the dump, I received this message for stock code 01884 eprint Group Limited:
"
Buy price: 0.78
Stop loss price: 0.5
Number of shares to buy: 1,000,000 shares - Determine the transaction quantity based on personal funds.
Please send me the order details after placing the order. Due to work commitments, I may not be able to check immediately but will notify you as soon as possible if there's a profit to be made."
I had already sold my shares before receiving this message due to a limit sell order I placed at 0.8 nearly two years prior.
Be vigilant with this stock in the upcoming months. Look for weeks where trading volume spikes 3 or 4 times the average, like 1-3 million shares bought without a corresponding significant increase in price—only about a 3-7% rise. This pattern is likely to recur. If you're considering investing (this is not financial advice), they usually set an initial target between 0.5 to 0.6 and later aim for a higher target between 0.75 to 0.77. This low-cap stock is highly volatile and can be influenced by minimal trading activity, particularly when there's a lack of buyers or sellers.
DeathFireArt : The lesson here is clear: there's no such thing as free money in investing. If someone promises you easy profits, chances are you're the one being targeted...
For those who still own shares, it may be too late to sell now... but if you're fortunate..."
Always exercise caution and do your due diligence before making any investment decisions.
For those that are keep having share, don't sell them now is already too late... If you are lucky
W5mnOP DeathFireArt: @DeathFireArt you were vague in some of your comments.
He was saying for those who bought, if you can afford to wait and if you are lucky, the scammers will pump up the price again.
How long you need to wait, no one is sure. @DeathFireArt waited for 2 years to fully recover his capital as he had mentioned.
And for those who cannot afford to wait, dun feel too bad, a loss is a loss. Life moves on.