Investing - Stock - Canada

a good place to talk about links

RE: Stock

Postby ImranJameel » Mon Jun 07, 2010 04:25:52 AM

The bottom line is you have to PREPARE YOUR SELF to be successful, just like you would do it in other areas of your life in order to achieve success.

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RE: Stock

Postby DeonLee » Fri Oct 30, 2009 02:14:24 AM

Smart post!from now on i will try those stock / fax scam tips, very informative thanks for sharing............ http://www.stockegg.com/
http://www.stockegg.com/
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Stock

Postby montyloree » Sat Aug 06, 2005 12:00:00 AM

I thought I should make people aware of this stock type fax scam. It's where a person purchases a whole block of penny stocks, or gets them as a fee from a listed company.



The person then sends out a whole bunch of "press release" type faxes to get people to make purchases of the stocks.



If the stock starts at 10? and he sells off 1,000,000 shares at 15?
the seller makes a profit of $50,000.



The problem is that the stock is usually worthless and more than likely won't increase in value. People are just buying on sheer excitement and speculation.



Out of interest, I've watched faxes that have come across my desk. They have risen 300% the first day and then plummeted to less than the original value after a few days. The person that makes the money is the one doing the scam.



It's nice to see the SEC clamping down on this type of stock / fax scam.

Stock Scammers Charged

• British Columbia
? Alberta
? Saskatchewan
? Manitoba
? Ontario
? Quebec
? Newfoundland
? New Brunswick
? Nova Scotia
? Prince Edward Island
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