Wednesday, December 11, 2013

Pump and Dump 5

OK - back to our thread.

     Look at the first element of "Pump and Dump" again - the target is subjected to a high pressure sales pitch to buy the stock in question that will later be dumped.  How many times have we seen this before?  The target is subjected to intense pressure to "buy NOW NOW NOW" or lose out on the opportunity of a lifetime.

     As has been discussed previously on this blog, so many issues begin when someone is told that they have to buy NOW.  It is extremely unlikely that any reputable securities dealer will ever tell a client that a purchase has to be made immediately.  There are, of course, issues where a stock may be available for the first time because of an Initial Public Offering or some other type of offering that is not normally available.  However, offerings such as these are usually well-publicized or information about them is available through channels that reputable security dealers use.  If someone is telling you that this is "secret" information, something is usually strange.


NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR IS IT INTENDED TO BE LEGAL ADVICE.  IF THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.

                                             


 

----------à>>>>>>>>>>>>>>>gene tausk

 

No comments:

Post a Comment