Quick Hype Checks
It's understandable that investors get taken-in by promoters like Ted. It's everybody's dream to get in on the ground floor of the next big thing.
But many of the stocks you hear about from people that you don't know are not real businesses. They're just shells organized to sell stock to gullible investors.
Here are some simple checks you can run to spotlight the Miracle Techs of the world so that you don't waste time researching, or worse, buying them.
You can find everything you need on almost any major financial site. I'll use Yahoo's Profile report to illustrate the process. Get a quote on Yahoo, select Profile, and scroll past the top section containing the business summary to Statistics at a Glance to find the data.
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