OST
Ostin Technology Group Co., Ltd. Class A
stock NASDAQ

I was in one of the groups as well, mostly out of curiosity to see how they work. Got there from a Facebook add. They are operating well and have many people working for them. They also have funds to do things. My best understanding of what was going on was that the organizers of these investment groups had been buying CHOW for 30-50 days before they started to pump it up (from $4/share upwards) - CHOW IPOed some 3 months ago at 4usd/share. They did it slowly so that the price didn't spike as the order book of sellers is thin in small caps.
There were many different groups pushing CHOW. One impersonated as IKE Capital LLC but clearly had nothing to do with the actual investment company. There’s virtually zero chance that an actual CEO of a regulated investment adviser would be blasting nonsensical yet plausible sounding stock market analyses in WhatsApp groups. Sometimes dozens of messages per day.
There is also zero "quantitative reasons" (which they claimed as bases for their bold analyses) for the market to randomly start rising CHOW 10-30% per day. No investment advisor would ever say that a stock will go up 10-20% per day for 2 weeks. No one can say it unless they are causing it themselves. The volumes during the first 2 days this went on successfully were 15-20x the normal daily volume. The stock is small cap so even few million dollars affects. Organizers of the scam set buying and selling levels to control the price (possible as the market cap is so small) and probably dumped 50-80% of their position on the people from the groups buying.
They first got trust with Upstart Holding (UPST). They said it goes up 10% in one day. And lo and behold, it went up exactly 10% on the following day and came down the same 10% the third day. Do you think they predicted one day market potential? No. They literally set up buy and sell levels (having acquired the shares slowly earlier) 0,01usd apart so the price was forced into that exact bracket. I have pictures of this. It is not normal behaviour. The price was exactly the same plus/minus one cent for hours.
It seems similar to what happened with ticker OST in June. Similar groups were involved. That one went 10x over two months, but then crashed 96% in one night. This one luckily crashed fast (the longer it goes on, the more people lose). The question about there is not whether the crash will come but when will it come and who will be left holding the bag. It won't be the organisers - they already made tens of millions. At least doubling their total investment. But they do operate on this size level. The buy and sell orders they set up were even millions of shares.

I was in one of the groups as well, mostly out of curiosity to see how they work. Got there from a Facebook add. They are operating well and have many people working for them. They also have funds to do things. My best understanding of what was going on was that the organizers of these investment groups had been buying CHOW for 30-50 days before they started to pump it up (from $4/share upwards) - CHOW IPOed some 3 months ago at 4usd/share. They did it slowly so that the price didn't spike as the order book of sellers is thin in small caps.
There were many different groups pushing CHOW. One impersonated as IKE Capital LLC but clearly had nothing to do with the actual investment company. There’s virtually zero chance that an actual CEO of a regulated investment adviser would be blasting nonsensical yet plausible sounding stock market analyses in WhatsApp groups. Sometimes dozens of messages per day.
There is also zero "quantitative reasons" (which they claimed as bases for their bold analyses) for the market to randomly start rising CHOW 10-30% per day. No investment advisor would ever say that a stock will go up 10-20% per day for 2 weeks. No one can say it unless they are causing it themselves. The volumes during the first 2 days this went on successfully were 15-20x the normal daily volume. The stock is small cap so even few million dollars affects. Organizers of the scam set buying and selling levels to control the price (possible as the market cap is so small) and probably dumped 50-80% of their position on the people from the groups buying.
They first got trust with Upstart Holding (UPST). They said it goes up 10% in one day. And lo and behold, it went up exactly 10% on the following day and came down the same 10% the third day. Do you think they predicted one day market potential? No. They literally set up buy and sell levels (having acquired the shares slowly earlier) 0,01usd apart so the price was forced into that exact bracket. I have pictures of this. It is not normal behaviour. The price was exactly the same plus/minus one cent for hours.
It seems similar to what happened with ticker OST in June. Similar groups were involved. That one went 10x over two months, but then crashed 96% in one night. This one luckily crashed fast (the longer it goes on, the more people lose). The question about there is not whether the crash will come but when will it come and who will be left holding the bag. It won't be the organisers - they already made tens of millions. At least doubling their total investment. But they do operate on this size level. The buy and sell orders they set up were even millions of shares.