How to Launder Money
HKD is a Crime in Progress
Five days ago, AMTD Digital (HKD) rose from $12.05 to ~ $2,600 at its highest point.
HKD: How to tell if a penny stock is being used to launder money with one weird trick.
By Friday, this pump and dump stock closed at $721.23. It should head to $200 and then around $15-$20 before trading at $1.00 - $10.00.
To top HKD stock, Magic Empire Global popped by 2,000% in its debut last week. Post-market, it rose by another 94%:
In June, the everything looked like it would pop. At extreme oversold conditions, markets bottomed. S&P 500 traded below 3,700 before rallying.
Where is the SEC?
Add MEGL and HKD as examples of pump and dump stocks, probably based in (HK) China, setting up for the Everything bubble popping. Exactly when?
This could happen some time in…