Unable to sell my stocks

[ganeshtvm]

Hi All,

I bought the below two stocks six months back based on a mobile message alert.

Danube Indistries - 3400
Sai Baba Invt. - 1000

But later I realized that the message sender was a fraud because of the graph of both the stocks
goes down drastically and I am unable to sell both the equities.

Could you please advice me how I can sell these two stocks?

[unofficed]

Buy a saibaba idol and pray everyday.

Unless there is buyer there is no seller. You’re doomed.

[Bhuvan]

@ganeshtvm

Could you please advice me how I can sell these two stocks?

These are scammy stocks. You cannot sell them unless, there are buyers. Moral of the lesson - stay away from such stocks.

Investing based on SMS tips can be costly

The nuisance of unsolicited and deceptive stock tip SMS messages has reached epic proportions in the past few years. A lot of unwitting investors have invested and lost their hard earned money. This is how a typical pump and dump scheme works. An operator or operators buy into a stock well in advance and start sending out messages to increase the share price. Once the price has gone up they dump the stock and leave unwitting investors who didn’t know any better in the lurch. These schemes can …

[sabyasachi_sadhu]

That’s the tuition fee you have paid to Mr. Market to learn a lesson.

[Shivam_Gupta]

@ganeshtvm

I bought the below two stocks six months back based on a mobile message alert

So forward the same msg to 7 another people, you will get a good news by next morning…

[ganeshtvm]

Thanks, Bhuvanesh for your response.

What about the future of such type stocks…does any chance to get my invested money back if the company kick out from the share market list?