Shareholders Lost Almost Everything in a Day - Printable Version

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Shareholders Lost Almost Everything in a Day - teaserteam - 18-04-2024

Stock price from about HKD 6 to almost nothing.  Unheard of



Reason:  Company kena Margin Calls

https://www.marketwatch.com/story/the-company-that-lost-99-of-its-value-now-has-an-explanation-a-margin-call-0d88a197?mod=mw_rss_topstories

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RE: Shareholders Loss Almost Everything in a Day - talky - 18-04-2024

(18-04-2024, 03:11 PM)teaserteam Wrote:  Stock price from about HKD 6 to almost nothing.  Unheard of



Reason:  Company kena Margin Calls

https://www.marketwatch.com/story/the-company-that-lost-99-of-its-value-now-has-an-explanation-a-margin-call-0d88a197?mod=mw_rss_topstories

this company dropped 99% in a single day 
no other compqany had this drastics fall in history

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RE: Shareholders Loss Almost Everything in a Day - teaserteam - 18-04-2024

Business as usual for this company. Only shareholders will now be more weary about buying stocks.

https://finance.yahoo.com/news/mystery-stock-crash-china-cement-031617607.html

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RE: Shareholders Lost Almost Everything in a Day - grotesqueness - 18-04-2024

china collape collape

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RE: Shareholders Lost Almost Everything in a Day - ysh02 - 18-04-2024

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 .....

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RE: Shareholders Lost Almost Everything in a Day - winbig - 18-04-2024

Some relatively unknown stocks with poor trading volume will get pushed up by syndicates then dump. SG also have.

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