Chapter 53. Stock scams
“Education is when you read the fine print. Experience is what you get if you don’t.” | ||
| --Pete Seeger | ||
Pump and dump
We’ve all received emails that contained glowing recommendations of a particular stock, or perhaps you’ve learned on an Internet forum about a particular “steal” of a stock that’s about to take off. Or maybe you even received an email intended for someone else giving you “inside” information about a particular small company stock that is about to rocket to high profits on the stock market. Just ask Martha Stewart. It’s not a good thing.
When you get this email or pick up this information, it looks so harmless and appears to be such an easy way to make a big buck that the temptation may be great. The companies ...
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