From Yahoo Chiebukuro

It's not a scam. It's about market manipulation groups or manipulators.
In the old days of the Showa era, there were dusty schemes handled by ○○ Economic Research Institute and △△ Investment Advisers.
I understand roughly and will participate, it's not a scam but rather a case of market manipulation.

First, there are people called the main enshrined figure in traditional market manipulation groups.
They are the ones who decide which stocks to create a big market with. First, the main enshrined figure gathers the stocks of the target company. They must not stand out, so they patiently collect a little every day.

Once a certain amount of shares are gathered, they start raising the price of those shares.
What they need are members who buy the stocks and boost the price.
In market manipulation groups, besides the main enshrined figure, it's common for various other people to be there to stir up the market. It's like a group, and included in there are "senior members," "intermediate members," and "fuel."

To start a price manipulation, the principal first instructs the "senior members".
Principal: Mr. Jo, thank you for your support. This time we will make a move on ○○. We will keep buying more and more, so please support us with a big bang!
Senior: Oh, this time we're counting on you for something flashy 😂

"Senior members" often realize the close relationship they have with the principal by paying a considerable membership fee. Therefore, there is a relationship here that is not fraudulent. You could even call it a complicit relationship. It's like a win-win situation nowadays. We inform the senior members of individual stocks before the stock price rises significantly and have them take positions.

Next, we will inform the intermediate members and then the newcomers in that order.
As the stock price continues to rise, you will end up buying at a high stock price in the order of intermediate members, followed by fuel.


Now, talking about the difference between Japanese stocks and recent hong kong index, it feels like the big market has decreased. Especially with small-cap stocks before 2000, when the market occurred, even more ordinary people flocked to it, and all members really made a profit. That's why I still trusted ○○ Investment Advisor. Well, sometimes even lower-level members, in other words, fuel, burned out and that's where it ended, but there were also good experiences.

However, looking at recent hong kong index, it seems that the fuel members are truly just fuel. They just push the stocks held by the main body and senior members onto the fuel. They don't care at all about the general public who knows nothing about where it's coming from. Probably, even the fuels themselves are not aware that they are being incorporated into the manipulators (they are probably being kept unaware. After all, they are just fuels...)
They are extremely closed off to ensure that the fuel members only incur losses.


So, I was lured into a speculative stock without any hope in the fuel layer. Once you get used to it, you can keep an eye on stocks that are likely to be manipulated even without becoming a member, and there's also a way to join the battle when the price is low, which allows you to enjoy the speculative battle much more.
The basics of speculative stocks include small-cap stocks, positional stocks, and sudden increases in volume. While there are speculative stocks in Japanese stocks from the past, nowadays, there are many more victims in the hong kong emerging markets.

If you are being introduced at this stage, then undoubtedly your rank is fuel.