Chinese Stock Scam Dumps 97% IN ONE DAY! $CLEU Stock
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- เผยแพร่เมื่อ 8 ก.พ. 2025
- In this video we're discussing another Chinese stock scam, ticker $CLEU. Please Subscribe!
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This company was there since 2011 , the price was mostly always from $3 to $5 . Lets see what happens next . Never trade in chinese companies .
My husband went all in since it was listed on NSDQ. We are in our 70's and lost almost half of our life savings. Why does the SEC allow these companies on the market when they know they will harm the people investing in them ? Can those of us that lost money do a class action lawsuit against the SEC or NSDQ or SOMEBODY ????? They should be doing more to protect people investing in stocks.
@@JanisLappin-n7u Hi Janis. First of all I’m so sorry this happened to you. These types of stock scams happen more often than most people think. Unfortunately, when these companies are listed on the exchange, it’s very hard to tell that they will eventually pull this kind of a scam since they look the same as any other stock on the market. The only discernible fact would be that they are listed in China. In my opinion, Chinese stocks should be banned from American exchanges. I would recommend reporting this as in an SEC complaint. If one day the crooks are somehow busted, money could be paid back to the victims. Just know that it’s not your fault and many people get caught in these scams. It’s very unfortunate.
@@JanisLappin-n7u so sad, my brother also did the same, almost all his savings were in
I bought 100 dollars worth at 11 cents the bottom! I am up 78% now. 😂🎉
Hi Stockcels! Great content you got there. I think all this channel needs is a little push to get things moving. I can help with that. My info is on this very channel I'm using to comment.
The company's name had "china liberal" in the title...people should've known better!
DO NOT REDEEM THE STOCK SAAR
I am a victim of this thru the Whats App my contact was Lauren. Anyone else?
I got screwed big time. I was pushed this stock by a legit brokerage firm and they had news of a cash influx by an American company LRN. My broker was pushing this to buy up until yesterday afternoon. I woke this AM to find the stock at less than a dollar. It’s crazy that this brokerage firm’s analysis didn’t see this happening.
What broker is this? Sounds like they were in on it.
@ paul platkin and his team from Corient.
@@Stockcels Paul platkin and his team from Corient
That sounds very sketchy. No brokerage firm should be recommending risky securities like this period, let alone a no-name penny stock that’s based in China. At the very least, it’s gross negligence on their part to put you in a stock like this, or they were in on the scheme. Remember that these scams need volume (large amounts of buyers) in order to operate. That’s why they use boiler rooms among other means to get people to buy the stock.
As you may know, in the 2000’s, they used to have “brokerages” (boiler rooms) full of “brokers” pushing stocks like these to their clients. They would receive kickbacks from the company for putting their clients into penny stocks or sometimes they received the stock themselves for pennies on the dollar and profited the difference on the shares. It would’ve taken your broker two seconds to find out this is a chinese scam. I don’t see why they would’ve recommended a stock like this to you.
They had a reverse split which moved the price to over $1. I believe it will have a dead cat bounce before it's dead.
@@nazimkabiri I’m not so sure that they have any interest in propping this up any further. But let’s see
I had a friend that lost ALL of her savings ! ThANKs ass hats
@@theeragold :(
I lost my whole life savings in this today 😢😢
😞
I M GOING TO HOLD THE LOST, do you think it will come up in future ?
@@priyanshpatel2124 They will most likely execute a reverse split to wipe out existing shareholders.
Is there a way to report these
@@jasminepatel8818 You could report them to the SEC but I wouldn’t hold your breath.
This was actually listed on NSDQ
Sadly
Any idea if they try this again or it ever go up atleast to 2 usd per share
@@abhishekparmanand Doubtful. They will most likely reverse split and wipe out existing shareholders.
They have done rs on dec 2024@@Stockcels
I am also badly affected. Is there way to complain. Also did any such thing happen before
@@vickypandi1 Yes. They do this quite often. I would suggest filing an SEC complaint.
@Stockcels I did via online they gave register number .
The what’s app group of Viking Global Investors LP’s VIP group suggested me this share.What a fate 😢
@@blitzkrieg5250 same here
Seems it was same WhatsApp group
For those who didn’t lose anything this has gotta be a buy now? Thoughts?
@@toaofahengaue7835 You’d think so but it doesn’t look like there’s any bid support whatsoever. The company is dumping into any and all bids.
@ so don’t go in as advice… I can see no rebound very risky
Stay away . And Who still have shares , wait and see
@@yashiroyamazaki3145 Agreed.
My brother lost 70k today
@@quepasadewey Unbelievable
@@quepasadewey do you know who he was working with? I lost a good amount. Not near $70K but enough to make a dent.
There are so many people who lost almost 50k per person
I got scammed and lost heavily.
@@Smackdown198 Sorry to hear that
How are these scams allowed to stay up?
The government is so inefficient.
Could be connected to Deepseek😂
Loll
😂😂😂 🤦😂
I was also the victim of this, lost close more than 17k USD
@@abhishekparmanand WhatsApp group?
Same here. I lost same amount . This looks like a scam
@@vamshireddy8126 it is a Chinese Scam
@@Stockcelsstock elite group421 jp armenio
Will it get pumped again ?
I doubt it but even if it does, do you really want to put your money in a completely manipulated chinese scam stock? I wouldn’t.
@@StockcelsNo wont put in more money, but might sell what I hold. Lost 90K today. Even if it goes up a bit might help me recover some money
No won’t put in more money but will sell what I hold. Got duped through a WhatsApp group. If it goes up a bit might recover some money
@ I see. Yeah I doubt it goes back up. Seems like many people got scammed on WhatsApp.
Not financial advice but if your position is already worthless, I wouldn’t sell. What’s the point?
Crazy
They can’t keep getting away with it
@@Stockcels the do because they are from China, stealing legit identity
Will this stock go upto $7 anyway in future ?
@@vinayvarghese9426 I highly doubt it
On Saturday it will go up😅
@@tarabhandari2821no it's Sunday 😂😂
Sounds like a middle school kid who hasn’t gotten anything lately.
Thanks for the compliment