CLC and LOFC pump and dump

The organized gang is no where to be seen. They are vanished.

New comers were completely fooled and maimed. The gang is taken them to a fantacy dream world that CLC is going to 300 and LOFC is going to 100. Poor guys got caught.

LOLC killed two birds by one stone. They pumped it to tally with required price for LOCH. Then dumped it back to original value and increased public holding. IN and Bil dumped their whole stake which they bought for 5.60 and 5.80 respectively. So they were selling from the biginning and made a huge profit.

When white man came to Africa, white man had the bible and black man had the land. Now black man have only the bible.

Now margin calls will come and will start forced selling. This will take the entire market down.

So the game is over.

bizstock wrote:The organized gang is no where to be seen. They are vanished.

New comers were completely fooled and maimed. The gang is taken them to a fantacy dream world that CLC is going to 300 and LOFC is going to 100. Poor guys got caught.

LOLC killed two birds by one stone. They pumped it to tally with required price for LOCH. Then dumped it back to original value and increased public holding. IN and Bil dumped their whole stake which they bought for 5.60 and 5.80 respectively. So they were selling from the biginning and made a huge profit.

When white man came to Africa, white man had the bible and black man had the land. Now black man have only the bible.

Now margin calls will come and will start forced selling. This will take the entire market down.

So the game is over.

Not entirely true. the majority of shares were absorbed by an arranged party, a nonretailer at a very discounted price. Margin calls don't affect much with CLC. Still, panic retailers may sell on loss. CLC will be hanging around for a while until it settles down, then gradually pick up again.

Never understood the reasoning for paying such high prices for Finance Company stocks such as LOFC , CLC etc.. where premium entities such as CFIN, LB, Even banks trading at huge discount..

lion wrote:Never understood the reasoning for paying such high prices for Finance Company stocks such as LOFC , CLC etc.. where premium  entities such as CFIN, LB, Even banks trading at huge discount..

1000000% Agreed .

lion wrote:Never understood the reasoning for paying such high prices for Finance Company stocks such as LOFC , CLC etc.. where premium  entities such as CFIN, LB, Even banks trading at huge discount..

Welcome to the stock market. You don't love or hate shares. you take situational decisions and make profit or loss accordingly.

Agree, but all shares had a Good story line, which made investors push the shares to new heights.
Ex.GREG had a platinum story, BIL- port city+Africa, LOLC- Myanmar, etc.. what I meant was I didn't understand the story line of these shares which were pretty much Finance Companies...

Story is simple "pump and dump'

bizstock wrote:The organized gang is no where to be seen. They are vanished.

New comers were completely fooled and maimed. The gang is taken them to a fantacy dream world that CLC is going to 300 and LOFC is going to 100. Poor guys got caught.

LOLC killed two birds by one stone. They pumped it to tally with required price for LOCH. Then dumped it back to original value and increased public holding. IN and Bil dumped their whole stake which they bought for 5.60 and 5.80 respectively. So they were selling from the biginning and made a huge profit.

When white man came to Africa, white man had the bible and black man had the land. Now black man have only the bible.

Now margin calls will come and will start forced selling. This will take the entire market down.

So the game is over.

Can't agree with you more on this...a proper organized gang for sure...these gangs only demoted expo....

said all sort of nonsense things that expo going to be dumped....now where is expo and CLC....

Their target was to get the liquidity from expo to pump CLC...few unfortunate retailers believed their propaganda and enterd these junks...

Now not a single word from these gangs...I believe they must be exited with profit...now they will come with another identity and promote another junks...

BE VERY CAREFUL...

Tomorrow & Next week
LOFC

nish84 wrote:Tomorrow & Next week
LOFC

Why CLC it will go too, what do you think?

lion wrote:Agree,  but all shares had a Good story line, which made investors push the shares to new heights.
Ex.GREG had a platinum story, BIL- port city+Africa, LOLC- Myanmar, etc.. what I meant was I didn't understand the story line of these shares which were pretty much Finance Companies...

Yes, you can't measure CLC in financial companies' standards. You won't see any sense of value. This is called a situational trend. LOLC group has "self-created a virtual world" or a "fantasy". people adopted it. If you play in CSE, you need to understand trends and act accordingly or stay away. This is not limited to LOLC. most of the shares even beloved Expo story also the same. Expo has justified earnings but the current price is exaggerated, yet people will see it in rs.1000 someday. This is the stock market.