There are freaks and lunatics out there that spam people with emails with the intention of luring and enticing them into investing in disasterous equity that will, more often than not, diminish their investment to almost zero.
On June 5, 2006 I received the following email:
June 5, 2006
Trade Date: Tuesday, June 6th, 2006
Company: BioElectronics Corporation
Symbol: BIEL
Price: $0.25
IS MOMENTUM BUILDING FOR THIS STOCK? CAN YOU MAKE SOME FAST MONEY ON IT?
RADAR BIEL FOR TUESDAY'S OPEN RIGHT NOW!!
THE ALERT IS ON!!!
RECENT NEWS HEADLINE: (GO READ ALL THE NEWS ON BIEL RIGHT NOW!)
I want to spare you this because it’s just a waste of valuable and precious time. This is a typical OTC stock and the chart as of today, October 5, 2006 will say it all if you go to:
stockbreakthroughs. com/Newsletters/otc. htm
Ever since it was trading at $0.25 on June 5, it dropped and is trading today, October 6, 2006 at $0.15. In 4 months this stock never made it above 25 cents and this someone tries to palm off on you as a great investment.
The 3 year chart looks even worse. In all this time BIEL never made it above $1.50 and went downwards ever since never to see it’s all time high again.
It’s now trading at 9 cents (October 5, 2006) and would have made you a massive loss!
On June 7, 2006 I got another email of this kind:
June 7, 2006
You may not be aware of A B S Y , but you should be, because this company
represents a terrific profit opportunity for early investors.
Can you make some fast money on this one? Put it on your radar now.
Breaking news alert issue - big news coming.
Trade Date : 7 Jun 2006
Name : ABSOLUTESKY INC
Ticker : A B S Y Profits of 200-400 % EXPECTED
Yes, it looks like the momentum has started up again.
Current Price : $0.95
SHORT TERM 2 DAY PROJECTION : $2
Market Performance : S T R O N G B U Y
A B S Y should be one of the most profitable stocks to trade.
It is only a matter of time before it is released out into the investment
community and they take it to the moon.
Whatever you do WATCH A B S Y ...
When this Stock moves - WATCH OUT!
ABSY was still trading at $30 in march. It dropped all the way down to 95 cents. What makes
one believe that this can possibly be a serious and solid investment?
This is again an OTC stock and just take a look at this chart at:
stockbreakthroughs. com/Newsletters/otc. htm
Now the short-term projection was that this, oh so wonderfull and profitable stock would shoot up to $2 in two days.
What ludicrous nonsense! Not even 4 months let alone 2 days later it hasn’t reached $2 yet.
It’s now trading at 63,5 cents never mind 2 Dollars. A 200 – 400 % profit looks different! Wouldn’t you agree?!?
Tuesday, July 11 was even better when I received the following Stock Alert:
AMERICA ASIA PETROЦEUM
Symbol: AAPM
Price: $0.105
SALES AND EARNINGS!!!
OIL – IS THERE A HOTTER SECTOR TO TRADE?!
FIRST QUARTER REVENUE of $14,638,524!!! (Go Read The Full Story and All The News Now!)
CARSON CITY, Nev., July 7/PRNewswire-First Call/ - America Asia Petroleum (OTC Pink Sheets: AAPM), announced today results for the first quarter ending March 31, 2006 at $14,638,524, unaudited. For the three months ended March 31, 2006, earnings before interest, taxes, depreciation and amortization or EBITDA, totaled $447,247 with a basic and diluted earnings per share of $0,005.
How can anyone take such an investment offer serious? That’s not investing, that’s gambling!!! An EPS of $0,005 is ludicrous! So is the stock by the way. Almost 3 months later on October 5, 2006, this stock is trading at 0.0012 cents. It’s not even worth one single little cent anymore.
You can also view this chart at:
stockbreakthroughs. com/Newsletters/otc. htm
Since July 11, 2006 it hasn’t seen any new highs yet not even mentioning the $0.105 at which it was first suggested to me!
So be extremely careful if someone tries to persuade you to invest in stocks like these. They are not even worth being touched with a barge-pole!
This is not the stuff decent and high quality investments are made of.
It’s gambling. Not investing!
Yours in Careful and Successful trading.
Ricky Schmidt
No comments:
Post a Comment