1. The company has no real investment projects, and its equity only goes up instead of down. Anyone who knows a little about stocks knows that stocks are actually a zero-sum game, and some people lose and others earn. The loser's money flows to the gainer. But the stock as a whole is zero, and the state is taxing it. It is unrealistic to only go up and not fall. In fact, it is to use the money from the back to send it to the people who enter in front. The so-called rolling. This road is dangerous. Once the company's follow-up development is not good and the capital chain is broken, the investors' funds will be very dangerous and insecure.
2. Legitimacy is also completely unsatisfactory. Foreign companies are not allowed to raise funds in the mainland. They can invest, but they cannot raise money. This is clearly stipulated in the national securities law in 2005.
3. Is it an affair? We can't unilaterally call him a liar. Can only say that it is a guess. Many people know this is a game, but they will still operate it. For the benefit, they will also publicize the flicker. Let more people feel that this project is very good and invest, so as to achieve the purpose of making money for those who invested in the early stage.
Speculation is allowed, there is nothing wrong with it. The key is whether we can grasp the timing of speculation and the timing of withdrawal. If you grasp it well, you are the winner. If you don't grasp it well, you will lose a lot.
Everyone has different values. Some people like to speculate, others like to invest. Just to see which is more suitable for you, for me, I want to learn from Buffett's investment, not Soros's speculation.