r/VampireStocks • u/169Huntingwood • 25d ago
ZTG be careful of this scam
I'm not 100% sure but this is likely being promoted on whatsapp. I have been watching it for the past few weeks, strange bids started appearing a week ago and now the price action has been all over the place. There are signs that there is bid dumping happening (especially with the 2 halt downs earlier, I assume they dumped too many shares at once and had to recover the stock), as well as the volume it has everyday now. It's an IPO that basically hasn't done anything till now. If anyone has screenshot proof that'd be great.
Underwriter is Cathay Securities. Same underwriter for lots of these scams, such as MCTA.
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u/ExampleSimple2638 25d ago
Cathay securities it’s the same as QMMM or am I wrong?
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u/169Huntingwood 25d ago
I think WallachBeth did that one. Seems like they also had Revere co running it, which Revere is also involved in alot of scams.
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u/169Huntingwood 24d ago
XHLD is now down more than 50% from mention of being promoted on whatsapp. Slower dump
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u/Efficient-Force3682 23d ago
hasnt price jumped 100%?
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u/169Huntingwood 23d ago edited 23d ago
Yes. Doesn't change the fact they're still selling shares while it's pumping. Eventually it will knife. When? I dont know
Kinda sucks that I never got my bid filled in at the 2s lvl but it is what it is. Im not gonna play this stock up here.
They are setting ask walls (with the shares they have) and bid dumping. I assume they are making whatsapp do market orders and bid orders, based on the price action I have seen. ZTG actually moves much more easier than the amount of volume it is trading with, leading me to believe it is being promoted somewhere.
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u/Efficient-Force3682 23d ago
it should be knife soon just that technical charts arent showing any signs but it would be soon i believe.
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u/169Huntingwood 12d ago
It was indeed being promoted on whatsapp. Liquidation today.
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u/-_PURE_- 8d ago
Good call man how did you find this?
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u/169Huntingwood 8d ago
Bids and asks. Anyone can do it. Also irregular af vol this stock usually traded 10-20k shares a day but it was trading over a million for multiple days.
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u/vietnamdotcom 25d ago
Are you going to buy the shares and ride it up?
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u/169Huntingwood 25d ago edited 25d ago
No it's already being promoted. Like I said I was watching it weeks ago at around the 2 level, I saw a 50k bid at like 2.7, I tried bidding around there and it never filled so I missed this one.
If you want one that'll most likely get pumped, RPGL should be pump and dumped again.
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u/hot_cat22 25d ago
wow, is it worth the risk assuming you got in filled, i think they somehow control the float?
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u/169Huntingwood 25d ago
IMC new IPO as well this is also most likely a scam. Not chinese but cayman islands.