{"id":724,"date":"2007-06-12T14:05:11","date_gmt":"2007-06-12T19:05:11","guid":{"rendered":"http:\/\/selfinvestors.com\/tradingstocks\/news\/further-reading-stock-spam-gzgt-ethanol-inflation\/"},"modified":"2018-08-12T01:31:28","modified_gmt":"2018-08-12T06:31:28","slug":"further-reading-stock-spam-gzgt-ethanol-inflation","status":"publish","type":"post","link":"https:\/\/selfinvestors.com\/tradingstocks\/news\/further-reading-stock-spam-gzgt-ethanol-inflation\/","title":{"rendered":"Further Reading: Stock Spam (GZGT) & Ethanol Inflation"},"content":{"rendered":"

I wanted to follow up on two articles I wrote recently, one which mentioned the recent full page ads in Fortune, Forbes, Business Week and Investors Business Daily<\/a> ( I heard Smart Money was running them yesterday) promoting a questionable penny stock GuangZhou Global (GZGT).  There is more to the highly irresponsible running of these ads by major financial financial pubications.  As Davis Freeberg points out, the players behind GZGT and other shady businesses are at best immoral and at worst criminal.   This was a follow up to an aricle called "Spam Goes Postal".  <\/p>\n

UPDATE – looks like GZGT is aware of all the attention surrounding its company.  As expected the company is distancing itself from this and issued a press release yesterday that read in part: <\/p>\n

"The Company is aware of the massive media campaign surrounding our company and our stock, good and bad. Much of what is being said is out of our control and the Company would like to distance itself from much of what is being circulated. One thing that we suggest to all potential investors is to speak to a registered investment advisor before making any investment. That being said, the fact is that we are a growing company inside one of the greatest growing wireless markets in the world. We are open and available to talk to our shareholders, brokers, and media to address any questions, comments, or concerns that they might have."<\/p>\n

Now, how about a statement from growth stock guru, IBD, Business Week, Forbes and Fortune!<\/p>\n

Note: this story is starting to get some traction – Techdirt has picked up on the GZGT stock spam<\/a> issue as well.<\/p>\n

————————<\/p>\n

I also recently wrote up an article taking a look at the consequences of an ethanol solution<\/a> to decreasing our dependence on foreign oil.  Jim Jubak  wrote a very similar article<\/a> the very same day and agrees, but also points out some ways to profit from this issue.<\/p>\n","protected":false},"excerpt":{"rendered":"

I wanted to follow up on two articles I wrote recently, one which mentioned the recent full page ads in Fortune, Forbes, Business Week and Investors Business Daily ( I heard Smart Money was running them yesterday) promoting a questionable penny stock GuangZhou Global (GZGT).  There is more to the highly irresponsible running of these … Continue reading Further Reading: Stock Spam (GZGT) & Ethanol Inflation<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-724","post","type-post","status-publish","format-standard","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/comments?post=724"}],"version-history":[{"count":0,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/724\/revisions"}],"wp:attachment":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/media?parent=724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/categories?post=724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/tags?post=724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}