As long as people think that the stock market is an easy place to make money, there will always be people to exploit that greed.
One of the most common scams in the market are pump and dumps. Shady characters pick stock that have less number of outstanding shares (low float). They start sending SMS’, create WhatsApp and Telegram groups, and pay “influencers” to pump the price on social media. Once the price starts moving up, they dump the shares they hold. It’s one of the oldest tricks in the b…
Please make a note of guys who recommended this stock. Its a nice exercise in my opinion to filter out advisors who arent that genuine (gets paid) for posting stuff like this.
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