Wednesday, June 6, 2012

Beware Of Unsolicited Security Newsletter Recommendations


You may get a security recommended to you in the mail from time to time, as part of a newsletter offering, advising you of a company stock that’s “hot” along with the reasons why. You may get pages of data on reasons why what you see may be another Google or Apple or whatever stock is hot at the time.
Be careful and look for fine print somewhere in the material.
What you see is most likely a promotion piece. The outfit who has placed the release in the mail may well be getting paid for the report, in the form of cash and stock or stock options. (See the Earl J. Weinreb NewsHole® comments.)







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