Just for reference one should listen to Deepak Shenoy ‘s podcast on pump and dump. 44:00 minute onwards.
- Company in existence since long time.(tick)
- Stock will come to you. (how ? Anyone’s guess.) (Tick)
- Linear move. Keeps going up.(Tick)
- Story comes out. Signing big order. Promoter on tv. Corp presentations. Preferential issue to influential investors. Info on WhatsApp and twitter (tick).
- News flow being generated (tick).
- 90 percent pump and dump (we will know in hindsight), or part of 10 percent genuine company ( same as above. Time will tell).
- Example amtek India. Went up 10x in 2 months. Stock went to zero and delisted. 30 to 300 and 0.
https://www.youtube.com/embed/V2zI1pEwflo
P.s. – No hard feelings.
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