How the game is played16 Jul 2024 14:29
It's relatively straightforward.
People will talk down a stock as much as they possibly can. Then they approach the company in question and say:
"If you pay me x amount of money every month, We'll promote you and then get the shareprice up".
It's quite illegal, and it's securities fraud. It's also why these chaps do so only through anonymous accounts.
Take RHT99, for instance.
He has spoken about the following tickers:
AST
ACP
STAR
DMTR
MXO
CORO
At different times, one profile is de-ramping, whilst the other is pumping.
The idea is to push the shareprice down as low as possible, to then get paid acting like a saviour during a pump.
I searched all those tickers with @MarketGem on Twitter, who also happens to be in the ACP Telegram Group as a different name.
These guys only operate through pseudonyms, because otherwise they'd be in prison.