Have you been "accidentally" but coincidentally contacted by a stranger to buy stocks in a Chinese based company that's listed on the US stock exchange?
Buyer Beware!
In this video I shed light on a fairly recent pump and dump scheme that is gaining traction most recently with the trading of Mingzhu Logistics Holdings Limited (YGMZ).
Through intricate and subtle methods, many retail traders were duped into buying the stock at a high price only to be left holding the bag. Stay alert and spread the awareness!
If you're looking to get professional advice and insights on finance, accounting, investing, entrepreneurship and fitness (not-so-professional) then thanks for stopping by and subscribing!
Big thanks to u/Buffalo_Magic for blowing the whistle and for the redditors who've contributed to supplying the facts and content.
ABOUT ME
My mission is to help YOU get financially ripped. To build those money muscles, trim the excess expenses and to live a financially and physically healthy lifestyle. I'm here to help you and give you the motivation that you need.
DISCLAIMER
Finance and Accounting: Yes, I'm a professional who is qualified to give advice but always seek to get a second opinion.
Stock/Investing: I will never promote any particular stocks to buy (and you should never blindly take advice on this) or tell you how to trade. I have over 7 years of retail stock trading experience, but take my opinions with a grain of salt.
Fitness: No, I'm not a professional, but I have been exercising and living a healthy lifestyle for over a decade and harnessed much experience. If I happen to offer any suggestions or advice make sure to pop a BIG-FAT-GRAIN of salt into your mouth.
#Stocks
#Investing
#pumpanddump
#YGMZ
Instrumental music: "Technology" produced by Mit-Rich
Chinese Stock Buying SCAM! BEWARE!...$YGMZ
Теги
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