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.
Filed under Mail Bag by Tate Dwinnell
Comments on I Got a Flyer in the Mail, the Stock Looks Good. Your Thoughts? »
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.