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discusses stock tips on your answering machine and stock tips
from wrong number callers
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below that cover the subjects of
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WRONG NUMBERS AND STOCKS 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. 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
These scams have also migrated to
email and faxes.
PLEASE don't tell anyone about this email, because if the SEC
finds out, I could get in big trouble for passing on this
information, maybe even go to jail.
I hope I have the right email for you. Your messages keep
bouncing back because your mailbox is full, and I seem to
remember this is your other account. I tried calling but you're
not home. OK here's the news ..
Look out for a fax transmission that says, "Will you
please put your cell phone on. I have been trying to get
you for 2 hours. I have a stock for you that will triple
in price just like the last stock I gave you did. I can't
get you on either phone. Either call me, or call Linda to
place the new trade. We need to buy now. P.S. You
better be good to me this Christmas. No other Stock Broker
has given you back to back wins. Thanks, your shining star
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 spammed investment newsletters to
After you send us the information, we suggest you delete
the phone message or email. Then congratulate yourself for not
falling victim to this kind of scam.
We also provide an extensive
store where you can read on past Wall Street frauds as
well as how to protect yourself from investment schemes.
Please note that OldStocks.com
does not sell investments or investment advice. It
is highly recommended that you contact a registered investment
professional for these services. Items sold in
are cancelled or
obsolete, and only sold as collectible items.
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estimates on collectible value of your certificates. We
have a large collection of references and databases that provide
past realized prices. Also, our vast knowledge of the
hobby can provide you the latest pricing on any US
certificate. Again, this service is completely free.
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