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.
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.