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I Got a Flyer in the Mail, the Stock Looks Good. Your Thoughts?

Posted By Tate Dwinnell |  Subscribe in a reader | Comment 1

 

Question:

I got a flyer in the mail yesterday about ETLY:BB. What do you think of it?  It was from James L. Rapholz’s, "Economic Advice" newsletter.  Just wanted to know what you thought of it.

My Response:

Take that flyer or print out of any email promoting a stock and immediately use it for starting a fire (preferably in the fire place) or send it to the recycle bin.  These kinds of promotions are almost always pump and dump schemes.

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Comments on I Got a Flyer in the Mail, the Stock Looks Good. Your Thoughts? »

December 7, 2009

Dan Corrigan @ 6:19 pm

I purchased CCYG stock based on a flyer I received in the mail and it’s value is now down to less than five cents per share. It appears very much to have been a “pump and dump” scheme.

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