The 14 stocks targeted this year by pump-and-dumpers on social media

that the corporate watchdog had been joining “pump and dump” chat groups on messaging apps such as Telegram to warn day traders they could face steep fines or even jail time for participating in the illegal trading schemes.

Screenshots of the Telegram pump and dump group for September 16 show how the group actively worked to push up Locksley’s shares: “Pump target: Break 100%++ or 0.45 BUY NOW and SEND IT TO THE MOON. BUY AT MARKET OFFER to avoid getting left behind.”The other companies listed by ASIC were Marquee Resources, TTA Holdings, Albion Resources, Aruma Resources, Australasian Metals, Ozz Resources, Tempest Minerals, Culpeo Minerals, Jayex Technology, Western Gold Resources and Aura Energy.

LoL. $AAJ 😂😂 Buying into speculative plays is one thing but stocks that are typically susceptible to P&D's are only so due to in-house orchestrations.

What would this Age reporter know? Does she know the difference between turnover and profit?

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Traders walk a tightrope in a topsy-turvy market2021 was a year of extraordinary gains on the ASX, but everything was closely tied to the pandemic as it delivered new variants and more economic and social disruption.
Source: brisbanetimes - 🏆 13. / 67 Read more »