2Mes·

Metavista3D

I had recently $DDD (+4,5%) but sold it today (not yet updated in gq). I dug a little deeper and there are a lot of indications that this may be a Canadian penny stock scam. Important: I can't be sure, but there are a few red flags.

I've also written to both the CTO and CFO on LinkedIn with a few questions - neither has responded.

It's possible that this thing will continue to go through the roof and I'm out way too early, but the 30% in a week is enough for me. I initially thought that their product actually existed or had potential, but the constant press releases with BS bingo have now put me off.

The money will be invested elsewhere later (and this time I mean "invested"), still have to think about exactly how, but probably a dividend stock. Visa has also been on my watch list for some time ...

Happy trading today!

16 Commenti

Charmin@Charmin

2Mes

PS: I also sold because I read that scam stocks lose value virtually overnight (when we can't trade) (and then my S/L doesn't take effect). There are also indications that such penny stocks specifically want to rip off Europeans.

As I said: I have no proof of anything, these are purely my personal assumptions.

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Alex@JohnnySmitty

2Mes

@Charmin switch to the IBKR as the broker and they won't be able to reap you off in such cases. You can buy US stocks directly on NASDAQ and of course the aftermarket is available just like for US guys.

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Charmin@Charmin

2Mes

@JohnnySmitty I am happy with my broker. And as I do not intend to speculate that often in stuff like this, I am good, thank you.

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Alex@JohnnySmitty

2Mes

@Charmin which one do you use, may I ask?

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Charmin@Charmin

2Mes

@JohnnySmitty S-Broker. Old-fashioned, not the cheapest, but works. That's good enough for an old white man.

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Alex@JohnnySmitty

2Mes

@Charmin I guess you’ve started with them ways before any fancy aka scalable capital or so ones appear on the horizon 😊

P.s. They are very expensive indeed

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Charmin@Charmin

2Mes

@JohnnySmitty Not really. There have been neo brokers around, but I thought I stick with the old boys. When I read about the issues the peope have with Scalable, TR etc. I think my choice was right.

And regarding the costs: Most of my orders are >10K. Not sure how much difference there is in the end – I don't really care.

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Charmin@Charmin

2Mes

PPS: This thread is probably quite informative ... https://www.wallstreet-online.de/diskussion/umgekehrte-sortierung/1381650-1-10/luftnummer

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Isabelle J.@isaiur

2Mes

@Charmin The thread and the developments of the last few days (newsletter / strange headlines) have definitely given me pause for thought. I only have a mini position, but I'm watching it very closely. I'm currently 44% up - I'll probably take it out sooner and then watch the further development ...

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Tenbagger2024@Tenbagger2024

2Mes

Somehow you can't find any real figures either. Not even on the market screen. And getting into a company where you don't know the figures

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Jan@Barrd

2Mes

By the way, it happened! The crash 😁

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Charmin@Charmin

2Mes

@Barrd Oh, how cool! Then my timing was almost perfect! It was pure luck, of course. I'm glad I trusted my gut feeling in time and did some more research ...

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Rob@William_Wallace

2Mes

Already -50% on a weekly basis.

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Charmin@Charmin

2Mes

@William_Wallace Yes, the pump'n'dump has run its course. Will probably flounder a little longer, then fall into the cent range from which it came.

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Rob@William_Wallace

2Mes

@Charmin It was a bit embarrassing that Scalable also fell for it. They briefly presented it as a developer of holograms.