Ring, Ring, cooler Tip gefällig ? - 500 Beiträge pro Seite

[MRASTA]

Was man sich alles einfallen lassen kann. Tse,tse.



Aug 20, 2004 (M2 PRESSWIRE via COMTEX) --

Our-Street.com, an Internet-based, public company watchdog, announced today that four more companies been discovered to have been touted by the "wrong number" hot tip phone scam which was first brought to the public`s attention by Our-Street.com on Monday. Initially Our-Street.com broke the news by alerting the public on August 16th that shares of Power 3 Medical Products (OTCBB PWRM)were being pumped by what the SEC has now dubbed "vice mail".

Although the SEC will not divulge information regarding which stocks are being pumped in this fashion, according to the Oregon Attorney General`s office, other company stocks being reported as touted by the insidious recordings are Five G Wireless Communications (OTCBB - FGWC), Maui General Store (OTCBB MAUG), Donini Inc. (OTCBB - DNNI) and Innovative Food (OTC IVFH).

In the scam, powerful computerized dialers are employed to dial tens and likely hundreds of thousands of phone numbers and play the pre-recorded message into answering machines and voicemail boxes. The message sounds like someone calling a wrong number with a hot stock tip. Our-Street.com alerted the SEC on August 13th of this scam.

You can read the fax that alerted the market to this scam and hear the recording at http://www.our-street.com/featured.htm.

Regulators and investigators have disclosed they have known about this scam since the middle of July. Still they kept the scam and information about their investigation under wraps, allowing it to continue unabated until Our-Street.com broke the story and alerted the markets of its existence. Since then the scam, which generated over $50 Million in trading volume in Power 3 Medical Stock alone from August 13 to August 19, has gained national attention and has earned its own page on the SEC website. You can read this information http://www.sec.gov/investor/pubs/wrongnumberscam.htm.




"Wrong Numbers" and Stock Tips on Your Answering Machine

You come home after a long, honest day`s work, stroll by your message machine, and see the light blinking. Did a loved one call with good news? Is there a friend calling to find out what you`re doing tomorrow? Some people are finding that they have instead received a "misdialed" call from a stranger, leaving a "hot" investment tip for a friend. The message is designed to sound as if the speaker didn`t realize that he or she was leaving the hot tip on the wrong machine. Maybe the message sounds like this:

"Hey Tracy, it`s Debbie. I couldn`t find your old number and Tammy says this is the new one. I hope it`s the right one. Anyway, remember that hot stock exchange guy that I`m dating? He gave my father that stock tip on the company that went from under a buck to like three bucks in two weeks and you were mad I didn`t call you? Well I`m calling you now! This new company is supposed to be like the next really hot clothing thing. And they`re making some big news announcement this week. The stock symbol is ... He says buy now. It`s at like 50 cents and it`s going up to like 5 or 6 bucks this week so get as much as you can. Call me on my cell, I`m still in Orlando. My Dad and I are buying a bunch tomorrow and I already called Kelly and Ron too. Anyway I miss you, give me a call. Bye."

If you get a message like this, it`s not a wrong number at all. Instead, it is from someone who is being paid to leave these messages on a whole lot of answering machines. The people paying for this message to go out on hundreds or thousands of answering machines own some of this stock. They are hoping you can be tricked into buying some too, as they stand to gain by selling their shares if the stock price rises because gullible investors buy. Once these fraudsters sell their shares and stop hyping the stock, the price typically falls and investors lose their money. Fraudsters frequently use this ploy with small, thinly-traded companies because it`s easier to manipulate a stock when there`s little or no information available about the company.

It is never a good idea to put your hard-earned money into a stock on the basis of a hot tip from somebody you don`t know. There are unscrupulous individuals out there who have a financial stake in trying to drive up the price of companies that you`ve likely never heard of. Many fraudsters rely on Internet chat room sites or spam email to promote companies, but at the SEC we`re beginning to hear more and more reports of the phony misdialed number scam.

So what should you do if you get one of these messages? Before you delete the phone message, we would appreciate hearing details about the stock being hyped, and the phone number from which the call came (if you`re able to tell us.) This kind of information is invaluable as we seek to enforce the federal securities laws. You can use our on-line complaint form, at http://www.sec.gov/complaint.shtml, e-mail us at [e-mail], or you can call us at 1-800-SEC-0330. We welcome your help in ferreting out fraud in securities sales.

After you send us the information about the call, we suggest you delete the phone message. Then congratulate yourself for not falling victim to this kind of scam!

Here`s a list of red flags that we often find in many of the frauds that we see:
If it sounds too good to be true, it is. Any investment opportunity that claims that there are huge guaranteed rewards, especially for acting quickly, are incredibly risky, and more likely to lead to losing some, most, or all of your money.



"Guaranteed returns" aren`t. Every investment carries some degree of risk, and the level of risk typically correlates with the return you can expect to receive. Low risk generally means low yields, and high yields typically involve high risk. If your money is perfectly safe, you`ll most likely get a low return. High returns represent potential rewards for folks who are willing to take big risks. Most fraudsters spend a lot of time trying to convince investors that extremely high returns are "guaranteed" or "can`t miss." Don`t believe it.



Check out the company before you invest. If you`ve never heard of a company, broker, or adviser, spend some time checking them out before you invest. Most public companies make electronic filings with the SEC. There are computerized databases to check out brokers and advisers. Your state securities regulator may have additional information. And by the way - if a supposedly upright firm only lists a P.O. box, you`ll want to do a lot of work before sending your money!



If it is that good, it will wait. Scam artists usually try to create a sense of urgency - implying that if you don`t act now, you`ll miss out on a fabulous opportunity. But savvy investors take time to do their homework before investing. If you`re told something is a once-in-a-lifetime, too-good-to-be-true opportunity that "just can`t miss," just say "no." Your wallet will thank you.

[Michiko]

AHA!!

An der Börse wird also doch geklingelt!

Michi

[MRASTA]

Auf die Idee muss man erstmal kommen, dürften einige ziemlich Kohle geschäffelt haben.

Gut, dass ich keinen Anrufbeantworter habe.

cu