The stock of 1CM has a total of 134 million shares, with a daily exchange of only thousands of shares, yet it still manages to rise daily by 2-3% with a market capitalization of 280 million dollars. This discrepancy raises questions about possible manipulation and market pumping and dumping, especially given that the stock's value has increased by a staggering 1980% over the last three years. The investors are left in the dark about the actions of the company's executives.
It is evident that 1CM's stock market performance is not reflecting its actual economic value. With such a low daily exchange volume, it is highly unlikely that the stock would be able to experience such consistent growth unless some sort of pumping and dumping technique is behind it. Moreover, the considerable increase in value over the past three years further points towards market manipulation.
Investors need to be aware of these potential market manipulations and be more cautious when investing in such stocks. The lack of transparency from the company's executives just raises further suspicions, and it becomes essential to scrutinize the company's activities to ensure that investors' interests are protected.