Posted by qqq3 > 2018-03-21 23:21 | Report Abuse

penny stock?

comes with the territory

Posted by martinam > 2018-03-21 23:34 | Report Abuse

Stockraider, you should be enlightening us on the the subject and not repeat what the author said. Disappointed.

Posted by stockraider > 2018-03-21 23:36 | Report Abuse

MARTINAM...U GO HENGYUAN...FOR THE ENLIGHTMENT LOH...!! RAIDER WRONGLY POSTED HERE MAH....!!

Posted by martinam > 2018-03-21 23:40 | Report Abuse

I'm enlightened. But Hengyuan is not a penny stock.

Posted by bluebiznet > 2018-03-22 00:21 | Report Abuse

Thank you for your free and great article. unlike those sifu who collecting fees is actually being preyed even with his so called 25 years of experience in TA OR FA or whatever.... Anyway, bragging is free...LOL

Posted by qqq3 > 2018-03-22 00:26 | Report Abuse

I don't see any difference between Bonescythe and this raider

Posted by mansaham1972 > 2018-03-22 04:16 | Report Abuse

Semua kaunter pun pump and dumb sebenarnya.inilah cara terbaik main saham di negara kita.kalau invest memang hancur

Posted by limml > 2018-03-22 05:50 | Report Abuse

is Nestle also being pump and dump?

Posted by cheoky > 2018-03-22 06:22 | Report Abuse

Hengyuan profit will reduce as profit factor inventory gain in 2018 is absent or becomes loss. So buy lctitan la

Posted by Cannon King > 2018-03-22 06:37 | Report Abuse

Pump and dump is just a rough and tought word coined up to glorify actual stock trading. What a BS and baseless article. Wasted my 5 mins..

Posted by Cik Babe > 2018-03-22 08:08 | Report Abuse

like this, cuba cari counter yang harga bawah 20 sen, shares pun tak banyak, monitor dulu, tengok movement, ada movement macam orang collect, kasi tau cik babe, X payah tunggu bones atau sesiapa tulis hehehe

Posted by bloodborne > 2018-03-22 08:58 | Report Abuse

some people should understand that when SC resorted to took down the blog..they could already have a concrete evidences that such pump and dump scheme has took place. Pump and dump is just not purely promoting positive sentiments on the targeted stocks. It involve the perpetrators collecting the shares before he posted such misleading articles and then once the share price gone up. He would then sell to the market to the fooled buyers. This are different to analyst or IBs where they only just published their research reports (TP) on their covered stocks. Theres no way the accumulate the same shares before they publish such reports as this will also can be consider pump and dump. And also for the one who said that EPF also dump..i think u r dumb cause they dont mislead people!!

Posted by bloodborne > 2018-03-22 09:00 | Report Abuse

anyway thanks for this article which correct by the way.

Posted by Cik Babe > 2018-03-22 09:29 | Report Abuse

bloodborne maybe SC sees that activity as day trading but not as buy 1st than promote like crazy

hehehe

Posted by bloodborne > 2018-03-22 09:48 | Report Abuse

hi cik babe..they can pump and dump on the same trading day..that is always the case.

Posted by goreng_kaki > 2018-03-22 09:51 | Report Abuse

jaks, sendai, hengyuan suspect pump and dump

Posted by UnicornP > 2018-03-22 09:54 | Report Abuse

As retailers become more educated, it is harder for operators to make money than 20 years ago.

Posted by bloodborne > 2018-03-22 10:30 | Report Abuse

and investors should understand that stocks doesn't simply move up and down without any reason justifying such price movement. It could either someone collecting/selling because they perceived the share price is under/over value fundamental/technically, because of leakage of an inside info positive/negative, because of speculation arising from rumours (which are not mean to mislead) such as oil price are on the rise trajectory. If none of this cannot be find to justify the price rise..then there is high possibilities that the stock is being manipulated (i,e pump and dump or etc)..from my opinion

Posted by Ratna NinjaGal > 2018-03-22 10:32 | Report Abuse

Furthermore, in Malaysia there are strict laws which make insider trading an offence.

Posted by nekosan > 2018-03-22 10:33 | Report Abuse

pump and dump normally means happen to weak fundamental stock and sharks release all sorts of fake news/data to public in order for public to chase up the stock.

nestle is not pump and dump as the stock rise from 80 to 160 and profit taking is very normal, not to mention the company is strong.

Posted by bloodborne > 2018-03-22 10:40 | Report Abuse

yes insider trading is govern by the cmsa sec 188

Posted by TESSA > 2018-03-22 10:44 | Report Abuse

I learned from my remiser, if you q sell, lets say at 0.25, you cannot q buy at 0.25, nanti bursa query

Posted by bloodborne > 2018-03-22 10:49 | Report Abuse

TESSA -- of course la thats like you are buying your own shares...No change in beneficial ownership

Posted by qqq3 > 2018-03-22 12:25 | Report Abuse

the pump refers to the pumping full of fake news and fake forecasts

Posted by qqq3 > 2018-03-22 12:28 | Report Abuse

the pumping full of fake news, rumors and fake forecasts

Posted by Mark T Bird > 2018-03-22 14:57 | Report Abuse

One interesting thing about penny stock trading, is that these pump and dumps will often happen to the same stock over and over again.

Posted by qqq3 > 2018-03-22 14:59 | Report Abuse

the currency of penny stocks is .......the pumping full of fake news, rumors and fake forecasts

what other currency they have?

Posted by Cik Babe > 2018-03-22 15:09 | Report Abuse

pump and dump scam illegal, boleh kena fine, kalau SC dapat tangkap image and credibility gone, malu weh

Posted by PlsGiveBonus > 2018-03-22 15:31 | Report Abuse

PnD is like big bully in the school
Some big guy can bully small guy
;D

Posted by newbeetua > 2018-03-22 16:03 | Report Abuse

salah maa mana ada pump n dump.....warrent cakap itu smart vs stupid atau sabar vs tk sabar je maaa....know when to trade or invest or cut loss maa..

Posted by Cik Babe > 2018-03-22 16:38 | Report Abuse

pump and dump jangan kena cekup, sekali SC tangkap jadi celebrity, famous for the wrong reason

Posted by Mark T Bird > 2018-03-22 16:39 | Report Abuse

The wisest King Solomon says “Be careful of what you think because thought are the ones which shape you”

Posted by SALAM > 2018-03-22 17:28 | Report Abuse

Thank you for your free and great article. unlike those sifu who collecting fees is actually being preyed even with his so called 25 years of experience in TA OR FA or whatever.... Anyway, bragging is free...LOL
22/03/2018 00:21

bluebiznet, don't mind share with us who is this great guy ?

Posted by hollandking > 2018-03-22 17:35 | Report Abuse

betul,sape nk kna ni, celebriti yg mana nk kna ni

Posted by Ratna NinjaGal > 2018-03-22 21:44 | Report Abuse

yes agree, bluebiznet, please share who is that guy

Posted by TESSA > 2018-03-23 08:50 | Report Abuse

gambling on stocks like this is risky, cause it teaches you a lesson on patience, greed, and fear.

Posted by 3iii > 2018-03-23 13:11 | Report Abuse

The majority of pump and dump operations involve penny stocks, but higher value stocks are not immune to this operation. (Just a reminder to keep this in mind too.)

Posted by Ratna NinjaGal > 2018-03-23 13:14 | Report Abuse

ty

Posted by Pakcik Saham > 2018-03-23 14:10 | Report Abuse

Good info.. pump & dump stock normally stock with didt have strong FA & refer the historical price almost making reverse V shape like XOX, Iwicity

Posted by Mark T Bird > 2018-03-23 14:45 | Report Abuse

noted!

Posted by Mark T Bird > 2018-03-24 08:44 | Report Abuse

latest from star news portal

‘Pump and dump’ activities under scrutiny

The Securities Commission’s (SC) warning to investors over “pump and dump” scams over the week came about one year after Bursa Malaysia issued the same caution in a circular to the heads of dealing and compliance of stockbroking companies last March.

According to some market observers, warnings about “pump and dump” activities are timely and appropriate, considering the fact that there are now more new investors entering the local equity market.

“The regulators need to create awareness about the existence of these kind of speculative activities, particularly for new investors, many of whom are still learning the ropes of investing in shares and stocks,” one analyst with a local brokerage says.

“What’s more, some new investors tend to start with low-priced stocks – which are the main targets of ‘pump and dump’ perpetrators – in the hopes of seeing their money grow before proceeding to invest in higher-priced stocks,” he adds.

So, what is this “pump and dump” scheme all about?

Well, “pump and dump” is an age-old trick used by perpetrators to earn quick money at the expense of others through the stock market. The perpetrators can be an individual, or a group of individuals.

They begin their operation by acquiring a huge amount of shares in a company, typically one with penny shares or stocks selling for less than RM1 apiece, at a very low price, and then promoting it and creating a lot of hype around the organisation to “pump” up its share price.

They do that by spreading false or misleading information to create a buying frenzy for the stock. During the process, they will also trade in the shares of the company to create volume and upside in order to create the perception that something big is really brewing in that company.

But once the share price of the company skyrockets to a level they desire, the perpetrators will “dump” or sell all their shares to make huge profits. And that is when the share price of the company will plummet on unsuspecting investors, causing them to lose money.

Although pump-and-dump schemes have existed in the local equity market for many decades, the emergence of Internet and social media has provided a fertile new ground for perpetrators.

Pre-Internet and social media days, pump-and-dump perpetrators operated through syndicates, with members comprising selected brokers and remisiers, to promote a stock.

Now with technology, the work has been made much easier for fraudsters to reach out to hundreds of thousands of people with the click of a mouse.

As part of a crackdown on “pump and dump” activities, the SC and Bursa Malaysia over the week recently named a blog, Bonescythe Stock Watch, as one found to have published various articles that contain misleading and deceptive statements and forecasts. This is an offence under Section 178 of the Capital Markets and Services Act 2007 (CMSA).

The blog has since been removed following the SC’s intervention.

Be that as it may, pump-and-dump schemes have their supporters and opponents.

One broker, for instance, argues that such speculative activities are a “necessary evil” for a vibrant stock market.

“This is part and parcel of capital market development... it is always better to have a vibrant market than a boring one,” he explains. The onus is on the investors to trade wisely; some ‘innocent’ investors will still be able to make some money riding on the volatility created by speculative trading activities, if they are lucky ... but of course, there are many unlucky ones who will end up losing money,” he tells StarBizWeek.

Meanwhile, another analyst reckons that while the total elimination of pump-and-dump activities is not possible, some form of regulation is still needed to ensure orderly trade in the market, and wrongdoers not go scot-free.

“Ultimately, investors themselves have to do their own research.

“Use common sense and learn how to invest wisely,” he says.

As for how to spot a “pump” stock, the analyst notes that penny stocks are usually the ones most prone to this sort of manipulation.

“You will hardly find a stock in a pump-and-dump list that is not a penny stock.

“This is the number one rule,” he says.

“Another red flag is a sudden surge in volume to, say, more than one million in a day, when the counter used to be a thinly traded stock, and there’s a sudden jump in the share price, when the counter had hardly ever shown much price movement before,” he points out.

Typically, the analyst says, the company targeted for “pump and dump” does not have a good earnings track record, and has to ride on claims of offering “big upside potential” to drive up its share price.

“Anytime someone tells you there is big money to make from one particular stock, particularly one that does not have strong fundamentals, you have to beware,” he says.

In such instances, he points out, the old adage applies: If it’s too good to be true, it probably is.