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  • Steve Linho
    ·01-30 10:11
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    You were right.
    What do you think has actually happened behind the scene?
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    • Steve LinhoReplying toneo26000
      So how did they do it?  Are these "advisers" affiliated with the company?  I was advised to buy this morning before the market opened, and the price crashed immediately after it opened.
      The same thing happened yesterday for HK Alco Holdings.
      So I lost big money in both days.
      01-30 11:02
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    • neo26000Replying toSteve Linho
      100% Scam
      01-30 10:53
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    • Steve Linho
      I listened to someone to buy before the market opened this morning.  They seem to know exactly when there will be major movement in the price. 
      Is it a scam or something, or just purely market adjustment?
      01-30 10:51
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  • maleman
    ·01-30 10:57
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    buying any small Cap stocks after a huge run up, especially when recommended by strangers in chatgroup is 100% scam. guaranteed. sure lose 90% minimum
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  • neo26000
    ·01-30 10:52
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    This is Scam Playbook 101.

    Scammers first encourage targets to buy a specific stock and allow them to make small, consistent gains. These early wins are deliberate—they’re designed to build trust and suppress skepticism. During this phase, the scammers quietly push up the stock price, which is feasible because the stock typically has low liquidity and a relatively small market capitalization.

    Once a sufficient number of victims has been conditioned and confidence is high, the strategy escalates. Victims are urged to “go all in,” committing as much capital as possible using the same approach that appeared to work before. Trust replaces due diligence.

    That moment marks the exit.

    The scammers dump their entire position into the surge of buy orders from their victims. With no real demand behind the move, buying pressure collapses. Liquidity evaporates, and the price free-falls—leaving victims holding steep losses while the scammers walk away with the profits.

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    • Steve Linho
      That's EXACTLY what happened to me these two days.

      But my question - I bought the shares through Tiger, not Through the"advisor". How does the "advisor" benefit from this?

      01-30 12:47
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  • neo26000
    ·01-30 11:08
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    他們可能不隸屬於公司的任何人。我已經看過很多次了。Alco以前玩過。美國市場的中國股票也在玩。他們使用Viber、Whatsapp、Telegram……任何東西
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  • maleman
    ·01-30 21:27
    this is called Pump and Dump. it's been done forever, especially on penny stocks. I first heard about this in the 80s before Internet. Now with internet chatgroups, these people scam more people easily, earn even more money from victims
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  • neo26000
    ·01-30 11:55
    ...
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    • neo26000Replying toSteve Linho
      She would have bought low and sold high herself. When the price has fallen 80%, there is not much we can do. The price will not recover unless they play the stock again which can be 1 year, 3 years or never. It is lesson learnt for all of us.
      01-31 11:16
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    • Steve Linho
      Thanks for your insightful response.  The only question in mind now is that - Why did the "Advisor" ask me to also dump the shares, because she just needed to dump her shares to get the money?  How does my dumping of my shares benefit her?
      01-31 08:14
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    • neo26000Replying toSteve Linho
      I have been there before...which is why I know all these.
      01-30 13:33
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