$XTALPI(02228.HK) Today's surge in Jingtai Holdings is completely a fake pump on low volume! With such meager trading volume, they forcefully pushed the stock price up. This is not real strength at all, it's clearly the old trick of market makers pumping and dumping!
The market makers are very cunning. They use a small amount of capital to leverage the stock price and create an illusion of a rally, luring retail investors to follow the trend and take over the shares, while they quietly distribute their holdings. It's highly likely to drop directly tomorrow. Especially after the May Day holiday, with no Stock Connect (for Hong Kong) capital to support it, the short-selling pressure will erupt completely, and the stock price simply won't hold!
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