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Full Version: Shareholders Lost Almost Everything in a Day
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Stock price from about HKD 6 to almost nothing.  Unheard of

[Image: Screenshot-2024-04-18-150639.jpg]

Reason:  Company kena Margin Calls

https://www.marketwatch.com/story/the-co...topstories
(18-04-2024, 03:11 PM)teaserteam Wrote: [ -> ]Stock price from about HKD 6 to almost nothing.  Unheard of

[Image: Screenshot-2024-04-18-150639.jpg]

Reason:  Company kena Margin Calls

https://www.marketwatch.com/story/the-co...topstories
this company dropped 99% in a single day 
no other compqany had this drastics fall in history
Business as usual for this company. Only shareholders will now be more weary about buying stocks.

https://finance.yahoo.com/news/mystery-s...17607.html
china collape collape
Who said last time in Telegram group scammer imposing as famous stock guru Dr Chan ask investor to put money in some HK stocks and when they bought send him the trading records so he can help them .....in the end those HK stock after few days all also fall almost 90% and untill now never recovered .....
Some relatively unknown stocks with poor trading volume will get pushed up by syndicates then dump. SG also have.