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penny stock will take off e-mail

fun-guy

Executive Senior Member
Jun 29, 2005
7,277
3
38
All the time, they're all BS.
 

Yuri

New member
Aug 26, 2001
388
0
0
Toronto
Penny stock

fun-guy said:
All the time, they're all BS.
In the old days we referred to these stock tips as "Boiler Room Operators", Back than, there were 100's of people opening telephone books and cold-calling people to "BUY" a particular stock as the price would be doubling soon. Boiler Room Op's were the underwriters & distributors and market makers for the stock. After the total sales were out, sales agents got there 20% commissions, the Underwriters got their 30%, the Issuer got their 40% and gov't got their 10%, what was left for the Investor ...00.00% of a cow pasture....In other words "Delete that Spam"
 

fun-guy

Executive Senior Member
Jun 29, 2005
7,277
3
38
Yuri said:
In the old days we referred to these stock tips as "Boiler Room Operators", Back than, there were 100's of people opening telephone books and cold-calling people to "BUY" a particular stock as the price would be doubling soon. Boiler Room Op's were the underwriters & distributors and market makers for the stock. After the total sales were out, sales agents got there 20% commissions, the Underwriters got their 30%, the Issuer got their 40% and gov't got their 10%, what was left for the Investor ...00.00% of a cow pasture....In other words "Delete that Spam"
Oh, I'm quite aware of the whole game, I was one of the Issers in the mid nineties with one of these well known boiler room operators, who has since been closed down by the OSC and rightly so. The investor bought in on hype and kept buying more stock as they saw the price rise, which was manipulated by the Operators, and then when all the stocks were issued the Operator stopped supporting the stock and the investor started to see the price drop and desperately wanted out but there was no market for it and the stock certificate eventually wasn't worth more than toilet paper.
 

red

you must be fk'n kid'g me
Nov 13, 2001
17,572
8
38
fun-guy said:
All the time, they're all BS.
thats not true. I just got a tip on a mining company called Bre-X - they have found a large body of ore in the SE asia somewhere -sounds promising
 

21pro

Crotch Sniffer
Oct 22, 2003
7,830
1
0
Caledon East
bbqt61 said:
did anyone receive a e-mail saying a penny stock will rock soon?
usually, those emails float around right before a market corrects itself...
 

jimmyt

New member
Jan 31, 2005
2,172
0
0
PUMP and DUMP

That is exactly what these spam shills for penny stocks are. Create a demand for no particular reason, the stock rises, and then the people that created the pump then dump thier stock and take the profit
 

LancsLad

Unstable Element
Jan 15, 2004
18,096
0
0
In a very dark place
red said:
thats not true. I just got a tip on a mining company called Bre-X - they have found a large body of ore in the SE asia somewhere -sounds promising

Great now everyone will know about it. They are diversified though they have another division that teaches people to fly.
 

red

you must be fk'n kid'g me
Nov 13, 2001
17,572
8
38
LancsLad said:
Great now everyone will know about it. They are diversified though they have another division that teaches people to fly.
I am also looking at an energy company based in Houston - Enron- at its current price it must be way undervalued given the price of oil.
 

LancsLad

Unstable Element
Jan 15, 2004
18,096
0
0
In a very dark place
red said:
I am also looking at an energy company based in Houston - Enron- at its current price it must be way undervalued given the price of oil.
I'm not sure whether to go with them or Pan-Am. I hear that they are ready to take off.
 

great bear

The PUNisher
Apr 11, 2004
16,172
56
48
Nice Dens
LancsLad said:
I'm not sure whether to go with them or Pan-Am. I hear that they are ready to take off.

You should be on ROB TV. I see you have a penchant for the high flyers. Do you ever just wing it when stock picking?
 

red

you must be fk'n kid'g me
Nov 13, 2001
17,572
8
38
LancsLad said:
I'm not sure whether to go with them or Pan-Am. I hear that they are ready to take off.
i think I would stay Cdn in the airline industry- maybe Jetsgo
 

LancsLad

Unstable Element
Jan 15, 2004
18,096
0
0
In a very dark place
great bear said:
You should be on ROB TV. I see you have a penchant for the high flyers. Do you ever just wing it when stock picking?

I'm just plane lucky. I air on the side of caution, don't want to cause a flap, plus my dart board is about as good a stock picking tool as you can get.
 

red

you must be fk'n kid'g me
Nov 13, 2001
17,572
8
38
LancsLad said:
I'm just plane lucky. I air on the side of caution, don't want to cause a flap, plus my dart board is about as good a stock picking tool as you can get.
its all about looking for an updraft in the market.
 

LancsLad

Unstable Element
Jan 15, 2004
18,096
0
0
In a very dark place
red said:
its all about looking for an updraft in the market.

I aim to soar while others sore. Investing in the airline industry is a flight risk.
 

red

you must be fk'n kid'g me
Nov 13, 2001
17,572
8
38
LancsLad said:
I aim to soar while others sore. Investing in the airline industry is a flight risk.
when I asked my broker tattoo, where to invest, he said "da plane, da plane"
 

Hollaz

New member
Mar 28, 2006
57
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0
LancsLad said:
Investing in the airline industry
There is an investor in the U.S. whose done well owning American Airlines stock. He bought in near the bottom as the industry is beginning to restructure. U.S. Air has come out of Chapter 11 successfully for now. We've seen how well some investors did after Air Canada's parent ACE came out of bankruptcy. Still it's a risky industry especially with fuel cost high.
 
Ashley Madison
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