What he's doing is wrong. In fact, he should be investigated and not these brokerage firms. He's using the social media blog to promote his shares after buying it earlier. This is a form of stock manipulation because he will not tell you when he is selling but encourages you to buy his stock. Isn't this stock manipulation?
No that is just promotion. Stock manipulation is when you buy big amount at low price ( but controlled by SC 5% declaration limit alarms), create fake volume, sell small amounts at ever higher price to create new highs. Then when general public notice and start buying in, you dump it all on the unsuspecting public, crashing the stock. That is why you have road blocks like limit up and limit down to protect amateur investors.
But still, why you invest in penny stocks that can be easily manipulated in the first place?
And more importantly, why don't you look at major shareholders( top 30 distribution) when you buy stocks? Its all in the annual report for a reason.
don't you see that is exactly he is doing. buy big volume, markup the price and promote to public for distribution. only things happen here is IB interrupt his gameplan and he go cry playing victim. enough drama la KYY
How do you know that it is only Yew Yin who is buying in big volume? There are thousands of guys who have bought maybe one twentieth the amount that Yew Tin has bought, or one tenth, or one fifth, or more. You are just assuming something which you cannot verify, and then talking like you are dead correct.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kelvin61
826 posts
Posted by kelvin61 > 2019-03-24 01:04 | Report Abuse
What he's doing is wrong. In fact, he should be investigated and not these brokerage firms. He's using the social media blog to promote his shares after buying it earlier. This is a form of stock manipulation because he will not tell you when he is selling but encourages you to buy his stock. Isn't this stock manipulation?