penny stock will take off e-mail
- Thread starter bbqt61
- Start date
Penny stock
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 said:All the time, they're all BS.
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.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"
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 promisingfun-guy said:All the time, they're all BS.
usually, those emails float around right before a market corrects itself...bbqt61 said:did anyone receive a e-mail saying a penny stock will rock soon?
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.
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 said:Great now everyone will know about it. They are diversified though they have another division that teaches people to fly.
I'm not sure whether to go with them or Pan-Am. I hear that they are ready to take off.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.
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?
i think I would stay Cdn in the airline industry- maybe JetsgoLancsLad said:I'm not sure whether to go with them or Pan-Am. I hear that they are ready to take off.
red said:i think I would stay Cdn in the airline industry- maybe Jetsgo
Your wish list looks very similar to my portfolio.
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.
its all about looking for an updraft in the market.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.
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.
when I asked my broker tattoo, where to invest, he said "da plane, da plane"LancsLad said:I aim to soar while others sore. Investing in the airline industry is a flight risk.
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.LancsLad said:Investing in the airline industry
