iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,424 Blog Posts

Chinese Boiler Room Stocks Jimmy-Rigging Higher

I don’t know what to make of this — perhaps another mania now that the weed trade has died down.

YECO is higher by 600% and several other Chinese material stocks, as well as financials, are shooting higher. These are stocks that normally trade 5,000 per day, now trading hundreds of thousands and millions. It looks like some boiler room broker won the fucking mega millions.

Other breakouts include: CNET, CIFS, GLG, SSLJ, PETZ, PLAG, CBAK, CHNR, HGSH, CLDC, OSN, TKAT, ABAC, SGOC, EVK, ATAI.

 

People are nuts.

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One comment

  1. it is showtime

    ” retest the lows, only to resume straight up — but we do. We always do. ”

    Not Today

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