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Anonymous

Edited 04 Sep 2024

∙

General Investing

Hi! I see discussions on telegram chats on 1cent SGX trades to earn some $. May I know which platform can I use to do so? Thanks!

To add on description, they will buy sgx stocks eg at $2.78 and sell at $2.79. To earn profit from this 1 cent movement

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Jinsha

03 Sep 2024

Haven't heard of this before. Is it legit?

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Financelearner

03 Sep 2024

Might be scam

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Tienny Zheng

02 Sep 2024

Do they ask you to transfer money then they will let you earn certain percentage?

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Billy

01 Sep 2024

Development & Acquisitions Manager at Real Estate Private Equity

Are you referring to penny stocks? 1 cent stock, if goes up by 1 cent = 100% gains but conversely, 1 cent stock, goes down to 0.1 cent = 99% loss.

Very very very risky hence its called penny stocks.

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C Guan Wen

01 Sep 2024

Echoing other commenters - be careful...

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