A stock trader bought 10,000 shares at 25 yuan each. A year later, the price rose to 35 yuan, and he couldn’t resist—he sold everything, making a profit of 100,000. When the stock price climbed to 150 yuan, he feared missing out on a big rally. So, he invested 750,000 to buy 5,000 shares. When it rose to 250 yuan, he thought it was the peak and decided to sell everything again, making another 500,000. In total, he earned 600,000. After selling, he watched helplessly as the stock price soared to 600 yuan. Jealousy kicked in, and he predicted it could break 1,000. Unable to hold back, he confidently put in 3 million to buy 5,000 shares. But then the market crashed, and within a month, the price dropped to 281.7 yuan. This position lost him nearly 1.59 million. All his previous profits were wiped out, and he ended up losing an additional 990,000. Doesn’t this feel eerily similar to how some small coins in the crypto world operate? So many retail investors have been played like this, trapped at the peak. Who would’ve thought this tactic would now show up in the stock market! What’s everyone’s take on this garbage stock?