▲ 3 r/cryptocurrencyscams+1 crossposts

Watch out! WhatsApp scam

Warning about the James Carroll Allen Wealth Club

Be careful with the James Carroll Allen Wealth Club. It is a WhatsApp scam that uses a very professional and convincing approach to gain your trust.

At first, they provide daily stock market updates, technical analysis, and detailed reviews of the trading day. They also recommend stocks to buy, and some of those recommendations appear to perform well. This is designed to make them seem knowledgeable and trustworthy.

Once they have gained your confidence, they introduce cryptocurrency investments through the website LSCGE. This is where the scam begins.

They encourage you to make an initial deposit and provide crypto trading signals that appear to generate profits. The platform looks very professional:

www.lscge.com

To build even more trust, they may allow your first and even your second withdrawal. After that, they pressure you to deposit a much larger amount to join their "special training camp" or VIP program.

At that point, many people report that they can no longer access their money. Although the platform may show that a withdrawal has been processed, the funds are not received in your wallet and instead appear to be redirected elsewhere.

WARNING: Be extremely cautious. LSCGE and the James Carroll Allen Wealth Club appear to be part of a fraudulent operation. They also use the name of a well-known investor to create credibility and gain people's trust.

reddit.com
u/InsuranceLonely4366 — 1 day ago

The short interest data on Beyond Meat ($BYND) from Fintel.

Here’s what the basic stats seem to show:

- Short Interest: 142,138,059 shares

Suggests a lot of bearish sentiment.

- Days to Cover: 1.72

Shorts could theoretically close their positions in less than 2 trading days based on average volume. So liquidity is there.

- Short Interest % Float: 31.76%

Anything above 20% is considered heavily shorted and can create short squeeze potential.

My takeaway:

There’s clearly strong bearish positioning on BYND, but with short interest this high, could there also be meaningful squeeze potential? Lets see the financial reports on May 6th.

reddit.com
u/InsuranceLonely4366 — 3 months ago