This was really funny...

Discussion in 'Trading' started by bungrider, Apr 4, 2004.

  1. So I get this email today plugging this stock shamelessly (I'm not going to re-post anything about the stock here for obvious reasons)...but at the bottom of the email was this disclaimer in tiny print which was pretty funny (I added the bold format in places):

    "The writers, PR firm, mailers involved in the creation, and distribution of the information above are not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. This profile is not a solicitation or recommendation to buy, sell securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational and based on assumptions rather than fact. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of the creators and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and the writers research and optimistic speculation. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. All involved in the creation and distribution of this profile/release disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical and factual inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. All persons involved in the creation and distribution of the information in this letter is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in this security mentioned. Any mention of past profiles and returns are not our stock picks

    This profile is not without bias, and is a paid release. Writers and mailers have been compensated for the dissemination of company information on behalf of one or more of the companies mentioned in this release. Parties involved in the creation and distribution of this profile have been compensated 50,000 dollars by a third party (third party), who is non-affiliated, for services provided including dissemination of company information in this release. PR and other individuals and other creators and mailers of this letter will sell all of its original shares during the distribution of this profile. Parties involved may immediately sell some or any shares in a profiled company held by profile creators and may have previously sold shares in a profiled company held by PR Individuals involved. Our Optin mailing services for a company may cause the company's stock price to increase, in which event involved parties would make a profit when it sells its stock in the company. In addition, our selling of a company's stock may have a negative effect on the market price of the stock. The past profiles are only the winers not all of our recommendations"

    $50,000 to post tripe about some loser penny stock -- maybe we're on the wrong side of this business!
  2. wdscott



    I have seen these "Advertising" pieces in the past. What is truly amazing, is the stocks volume and price change after the PR release.

    I guess there is truth to the saying, "there's a sucker born every minute."

    Best Regards,
    Dave Scott
  3. dude,

    as we are learning here, this is a variation of a consistently profitable technique apparently employed by many large, profitable hedge funds, which i won't name here...

    it's funny how over time you learn how dirty this business is...maybe "dirty" isn't the best word for techniques such as this and short squeezes...maybe "manipulation" is a better word...:D

  4. Hey "Bung"...I get about 10 of these BS "pump and dump" emails a day...they are exactly as you say..."really funny"..... I really don't think anyone pays attention anymore....sort of like really bad "popups" for porn.

  5. Mecro


    Nah, if you send 100,000 of these emails, a 1% response rate is enough to manipulate on a penny stock. Their volume is that low and if it is OTCBB, then those MMs will screw over even 500 lots.
  6. I wonder why most people find that funny and at the same time don't find funny when the same kind of guys from the Banks, Brokers, Institutions and Corporates are doing the same... not only they pump and dump but they do it with the benediction and protection of official law and above all with a huge amount of money that can completely disrupt the real economy, in fact it's virtually done since the interest rates exploded in the 1980s, we are now in the illusion phase of credit bubble !

    From the Wall Street Gang.
    by Richard. Ney

    "Regrettably, the arrangements that exist to preserve the traditions and legalize the frauds of the security industry are inseparable from the general organization of a society controlled by the financial establishment, a society whose laws and principal customs have been contrived to serve the special interests of the financial community. Thus, although the Stock Exchange's most profitable practices clearly compromise the freedoms granted others by the constitution, Exchange Insiders are granted immunity from the legal obligations and penalties that should be imposed on them."

  7. LouieR


    This stuff is just like those "Special Edition" newsletters from some so-called market maven who promises to get you rich oh and by the way has this great stock trading 1,097 shares a day at 0.079 that has a revolutionary biotech product or a new widget making process that will make forward-looking "investors" rich. The last paragraph is always some fine print boilerplate about how this is not a solictation to buy....., the letterwriter was compensated $500,000 and 20,000,000 shares of stock, etc... It's hard to believe that thinking, rational human beings go for this crap.
  8. vega


    At work we get these things FAXED everyday, not addressed to anyone, they must just bulk-fax them to any working fax number.