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Certain market manipulators mislead others into buying worthless stocks. Such manipulations involve making bogus statements and conducting transactions to give a misleading impression about supply and demand. It refers to the act of buying a huge amount of stocks at the end of the day to drive prices.
The market's manipulative games involve naive and novice investors who indulge in pump and dump. They prefer low-value funds offered at a low price, having poor trading volume and unprofitable chart patterns.
The controllers accumulate such options to avoid notice, and at the right time, they buy and trigger growth. As a result, many new clients find it attractive that pushes the value higher.
Such frauds use strategies like funding promotions on media channels and websites to show biased analysis to spread the word or discuss it on social media chat boards.
In addition, such adverts often create the impression of scarcity like it says "limited stuff," or it tries to put up an impression that only some exclusive individuals are eligible to apply for it, "all are not allowed" or they state "only for those who are seriously interested in getting a success get it." Finally, they post testimonials with no evidence.
If things happen as planned, they sell the stocks at the time of strong buying upsurge while telling about its great potential to others – although it may be the dump phase.
If you suffer any such fraud, report it to the authorities.
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