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This $RAVE , this market manipulation gave me an enormous shock
It reminded me of how Feng Xin controlled the trade back then, Storm Video
In March 2015, Storm’s IPO offering price was 7.14 yuan per share
After listing, it carved out an extreme run of 37 daily limit-up moves out of 40 trading days in a very short time
The commonly cited historical high is 327.01 yuan
The gain was about 4,480%
In 2019
Xin was arrested, and various false information was disclosed
In 2020
Storm was in the delisting consolidation period, with the lowest intraday price reaching 0.27 yuan
The maximum drop was about 99.78%
Crushed from the heavens all the way down to the floor
And now, in 2026
Feng Xin is still serving time in prison, and hasn’t come out
All in all, RAVE’s trading operator, take care of yourself