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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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<blockquote data-quote="Deleted member 2897" data-source="post: 776879"><p>Im pretty well convinced this is the same sort of scam we’ve seen before. People got in early and used social media to pump the stock up. Good old pyramid scheme type of pump and dump...but in the 2021 version. My 18 year old said it’s all over TikTok and all her college friends were putting in $20, $50, and $100 without any idea what they’re doing “because everyone was getting rich”.</p></blockquote><p></p>
[QUOTE="Deleted member 2897, post: 776879"] Im pretty well convinced this is the same sort of scam we’ve seen before. People got in early and used social media to pump the stock up. Good old pyramid scheme type of pump and dump...but in the 2021 version. My 18 year old said it’s all over TikTok and all her college friends were putting in $20, $50, and $100 without any idea what they’re doing “because everyone was getting rich”. [/QUOTE]
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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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