Why did the share price of Swan Energy increased rapidly within two days?
I have observed one thing - any non FNO stock which hits 20% intraday - majority of them are fraud stocks.
Seeing its price chart, its falling from Jan 2018, so a typical mid/smallcap which went up last few years, now going down to 5 year low price
My guess - Its just a fake upmove to trap new investors. I have seen these moves in around 20-30 stocks over last 1 year.
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Ignore the movement and don’t fall into the trap