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| Benjamin |
 Posted: Thu Jan 05, 2006 6:21 am Post subject: Pump and Dump Con |
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Administrator
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The sec.gov is very informative and has a wealth of info and well written articles.
Here is a couple snippits from the Pump&Dump article.
| Quote: | | Unwitting investors then purchase the stock in droves, creating high demand and pumping up the price. But when the fraudsters behind the scheme sell their shares at the peak and stop hyping the stock, the price plummets, and investors lose their money | .
| Quote: | | When you see an offer on the Internet, assume it is a scam, |
http://www.sec.gov/investor/pubs/pump.htm
This is a good read. |
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| Iceemaan |
| Posted: Thu Jan 05, 2006 6:41 am Post subject: |
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Investing Manager
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| Benjamin |
| Posted: Thu Jan 05, 2006 6:52 am Post subject: |
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Administrator
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| frusnak |
| Posted: Thu Jan 05, 2006 6:52 am Post subject: |
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CFO
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Thanks for the link Ben. All einvesters should read this and explore the link site for more information on investing  |
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| seraphim101 |
| Posted: Thu Jan 05, 2006 6:58 am Post subject: |
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Investing Sr. Associate
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| yeah, I just got a fax about some beverage company's stocks, but I do have to say that it looks promising... |
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| nelaina |
| Posted: Thu Jan 05, 2006 6:55 pm Post subject: |
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CFO
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| seraphim101 wrote: | | yeah, I just got a fax about some beverage company's stocks, but I do have to say that it looks promising... |
eh, i get those almost every day at work. I wouldn't touch them, in fact i usually just throw out the fax without even reading it. |
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| moreno917 |
| Posted: Mon Jan 09, 2006 8:08 pm Post subject: |
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Investing Associate
Joined: 09 Jan 2006
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I am glad to have run by this thread since I have been also taking a second look at those faxes....guess I am going to have to take out the trash more often now!  |
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