guys, I collected the necessary screenshots regarding the fake que/sell and the autobot that make transaction every few second. I plan to submit formal report to SC for they notice and action... hopefully you guys can do the same if you felt have been conned as well (like me).
Sent the formal complaint to SC with screenshoots and transaction history. lets wait and see. not sure if only one complaint the SC will kind enough to attend the complaint.
Don't be fooled by the fake queue. You saw there was a super big support on 0.175 (198 million) So you bought it at 0.180 with confidence, and decided to sell on 0185~0.190 to take some profit,
BUT !!! You will found that the support of 0.175 will disappear instantly. And the price will drop to 0.170~0.165 maybe in 1 minute.
THEN !!! They will put the fake buy queue again on 0.165 Then a new batch of retailers will rush in again, and buy on 0,170 with confidence after they saw the super huge support on 0.165.
They use this way to manipulate the price from 0.300. Thousand and thousands of retailers were trapped and lost their hard-earned money.
PLEASE DON'T BE FOOLED
There are many good stocks waiting for you outside.
Sorry to hear that @Jason, but I hope my story can comfort you. I lost over 10K on 24 Mar, these scammer dump the price from 0.585 to 0,385 in few -20% dumping. I will never ever forgive MMAG, and I will try my best to warn people no to trap by them.
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Posted by wanmahwai > 2021-06-17 10:36 | Report Abuse
this is PENYAMUN stock