$EPRINT GROUP (01884.HK)$ anyone buy it ? teacher ask to buy...
$EPRINT GROUP(01884.HK$ anyone buy it ? teacher ask to buy ?
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Babykurby : Another scam?
adventurous Iguana_0 Babykurby: Yes, scam stock. But I bought cause I think we are still early
Market Sniper adventurous Iguana_0: be very careful. if drop to 0.72 must sell immediately
LitementYy : Let's Short sell
_AMS_ adventurous Iguana_0: Hello, how you detect the scam?
adventurous Iguana_0 _AMS_: Normally scam stock will have very high volume despite company has no good news, price moon for few days, alot telegram stock guru will push for the stock. This are some of the tell tale.
_AMS_ adventurous Iguana_0: Many thanks for your answer. But how they earn money with this action?
adventurous Iguana_0 _AMS_: They normally accumulate the stock at low price. And ask for people to buy in to push the share price up, and dump all their holdings at once. Normally they will earn a few x from their intital investment. Take for this case, before they buy in, it was trading at around 0.20. The high is 0.8 that's already 4x their initial investment.
_AMS_ adventurous Iguana_0: Thank you for your explanation. Now I understand how it’s works. Many thanks
Travelforfreedom : Ya there was a push mentioned it will hit the mood. Ya u are right, greed lead to failure….