whatsapp fraud groups
$KIDZTECH (06918.HK)$ In several WhatsApp groups, self-proclaimed experienced mentors have successfully enticed numerous unsuspecting investors by fostering trust. They paint a picture of assistance in gaining profits, under the guise of a future 10% scheme where they'd aid in profit generation while claiming a 10% commission. Lured by these promises, individuals invested their entire funds into purchasing the mentioned stocks. This deceptive strategy enabled these scammers to artificially inflate the stock's value—a process known as "pumping"—as part of their scheme. Ultimately, their intentions revolve around "dumping" these stocks at an opportune moment, thereby deceiving the investing community.
However, some individuals have started to catch on to these schemes and have begun selling their shares before the scammers can offload their own artificially acquired shares at a profit. Despite these efforts, a considerable portion of invested funds has already been lost. Unfortunately, it remains uncertain when the stock suspension will be lifted. The potential aftermath is worrisome; the stock's price upon resumption of trading could plummet to a degree that recovery of the invested capital seems unlikely for many investors.
However, some individuals have started to catch on to these schemes and have begun selling their shares before the scammers can offload their own artificially acquired shares at a profit. Despite these efforts, a considerable portion of invested funds has already been lost. Unfortunately, it remains uncertain when the stock suspension will be lifted. The potential aftermath is worrisome; the stock's price upon resumption of trading could plummet to a degree that recovery of the invested capital seems unlikely for many investors.
01069, another stock mirroring the aforementioned scenario, has now encountered the fate of suspension. The company ostensibly announces its intention to unveil specific news. However, this strategic move is primarily aimed at rescuing the stock's precarious position by discouraging investors from succumbing to panic-induced mass liquidation.
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Ratushina79 : when this one was recommended in the what's up? what was the original buy entry point?
AssetEagle Ratushina79 : The one I got early this week was buy 0.80, exit 0.93. Everyone had the same memo. Then, there was large trading volume @0.95. Obviously, it broke $1 too easily. Future movements, I cannot tell. Only the scammers can tell. Victims NEVER push up the stock. They do not have the financial strength. So scammers asked them the queue at a LOWER price and sell the stocks which the scammers already bought at a low to the victims. Then, the scammers with low volume push up the price. There is also lots of "washing" going on with scam stocks. If you are not familiar with washing term, go google it. You can learn more. So I think this stock will go on a wash and rinse cycle for "a while". Just pray you are not in the cycle when they DUMP the stock. For this stock, waterfall happened just around 1 year ago. For everyone's benefit, do not be lazy. Just go google the charts. Scamming is not "rocket science". But it looks to me that scammers are using "rocket science" psychology to dupe the frail (aka greedy) human mind.