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How To Spot A Scam Stock

Posted by Timothy Sykes on Tue 28th of Apr, 2009 08:20:43 AM

Another video interview I did for TheStreet.com with the wizard James Altucher in front of the NYSE the other day:

This is just a basic lesson–if a stock is being promoted, the company is a piece of crap because investors and or the company itself would rather spend $ to try to get the stock up instead of spending any $ on research and development or product development and marketing…

You guys gotta learn that these crappy little penny stocks’ main product are their stocks, “the “business”, “the business plan” and “the products and services”–that’s all BS, just a marketing tactic to lure those gullible/incapable of doing proper research

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  • tmcnasty
    Tim...where can I read up on the "pipes" you mentioned in that vid? Thx.
  • i'll have a post up tomorrow with a reallll good one
  • Coen
    So where is such a hilarious disclaimer? never seen one to be honest....
  • TommyTim
    Just shorted C on the $3.00 support break. Should touch 2.60 by tomorrow. Banks need more money my friends.

    Hope you took advantage of my PARL pick last week at 1.70. Hit 2.50 yesterday.

    Don't touch DNDN short or long. News later today.
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