LelandTribune

Just for the Health of It

Beware of Pump and Dump

People are working to earn a living. With a little bit of budgeting and planning, people can do anything on his earnings. There are people who really set aside some funds for day-to-day needs, some funds for emergency and unplanned expenses and some funds for the future. As the funds for the future are being saved and keep untouched, it is worthwhile to put the said funds in the bank or to any other investment like stock market. There are so many avenues in investing funds. No matter how big or how small it is, you should always be careful not to lose your money. You should take care of your earnings. Be aware of pump and dump stocks that are rampant in the internet nowadays.

As internet is one of the fastest means to connect to people and disseminate information, many scams Cvv dumps are rampantly done through internet. Just like pump and dump stocks, people who invested their hard-earned money get the chance to lose everything. This kind of scam is happening in any parts of the world. This is just so easy to do. There are people or group of people who are creating some organizations or companies that will sell or distribute a certain product. They will offer share of stocks to any interested party. There are bogus transactions that will be posted online that would increase the value of the shares of stocks. In reality, there are just some people behind it. This group of people will just buy huge amount of shares of stocks not just once but make it on a regular basis to make it appear that the value keeps on increasing. With this, plenty of people will get encouraged as the stocks looks highly traded and plenty of people buy and sell the said stocks. Until one time, this bogus group will withdraw their investment which would affect the value of the said stocks in the market, definitely on a negative side. Moving further, the poor investor would be left behind with huge number of shares with the lowest value, lower than the actual value when they purchase the shares.

Leave a Reply

Your email address will not be published. Required fields are marked *