Investing via eMail: CEOA

I was beginning to think those stock scammers were on to me and had removed me from their email listings. Not so! Just today I received this one in my inbox.

Digital payment is the way of the future
CEO A M E R I C A INC
SYm-CE OA
6 Cents is a STEAL

Expected : .70 ( 1000 percent return!! )

This is projected to go to .70

AN ALL AMERICAN COMPANY
Get IN Before the rush TOMORROW

Do you know what is real funny about this one? The stock tip was hidden between some sports story. Might that have been an attempt to bypass the spam filter?

Notice something else? They left off the stock ticker symbol! How can I benefit from this awesome stock tip if I don’t know the ticker sysmbol? Well, I tracked it down and it is CEOA.PK.

I took a quick trip over to Yahoo Finance to look up this wonderful stock and here is the recent chart I pulled:

Wow! What happened on March 5, 6 and 7? The stock tanked! Then… some adventurous souls purchased it for about $.06 per share at mass quantities.

If you look back even further you will see that this stock has not hit $.50 in a year! On March 17, 2006 the stock was at $.60 per share and fell. It has not recovered since then. The stock had been in a gradual downward move before then but, after that point the chart went from a picturesque mesa to a deadly image of erossion formed cliffs and valleys.

The recent activity for this stock shows millions of shares changing hands at low low prices. Will this stock pull itself out of the mire it is stuck in? Let’s check the news first.

LAS VEGAS, March 16 /PRNewswire-FirstCall/ — CEO America, Inc. (Pink Sheets: CEOA - News), exclusive US licensee of CREDITZ® Digital Currency, today announced the signing of a licensing and marketing agreement with TXTTUNES, an online/mobile music store and wireless community. The agreement, which covers TXTTUNES North American service is scheduled to launch in May of this year and is designed to increase revenues for wireless payments through the TXTTUNES online properties. TXTTUNES will offer digital credits and pay its members for spending behavior and expand promotional opportunities to music fans in North America.

source: Yahoo News

Hmm… What is this, eGold all over again?

Meh, buy it if you want, it’s your money but I don’t see any future in this stock.

Posted by Scammer Sam

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Investing via fax: TNRO

I have not done one of these articles in a while so I decided to write one up with a small twist. Usually I write about those awesome stock tips I get via email, this time I’m going to write about the other form of spam stock tips, the ones you get over your fax machine!

Yes, you know those ones. They often have a “call this number to be removed” line that never seems to work. This is one of those types of faxes. So, sit down and prepare to be entertained!

Your real start in China success begins today
Massive construction boom rockets Terra Nostra (TNRO) revenues to record high of $111.9 million for six months

The fax sheet begins by telling you how the time to buy in China is now as the Chinese companies that still trade on the American exchanges are ones that have made it through the initial China dot com boom.

They further point out that, because this company made $111.9 million in the past six months it should make the same in the next six months which would put it at $220 million for the year.

The fax goes on to say that investing in construction is perfect in China because the countries has been adding over 668 cities in less than 20 years. Obviously investing in a construction company must be profitable because of all of the construction work going on! That may well be true in a capitalist society but, China is not exactly known for being a capitalist country, especially over the last 20 years!

Now, you may be thinking this is all about buy stock in a construction company, guess again. This is actually a ploy to get you to invest in a company that supplies copper and stainless steel to the construction companies.

I did a little bit of investigating…

This fax was delivered on the 9th of March, notice something fishy?

If you look back through the charts you will see that the stock just about bottomed out in December of 2006 near $1.50 and there was a lot of trading going on after that.

I guess the lesson to be learned here is that if you want to make a quick killing on a stock buy it low. Then, hire a fax firm to send out an investment alert fax. A certain number of folks will buy the stock (hopefully from you) and then you can always buy it back the next day after it drops!

I’ll do a follow up on this one in a few months, or when the next stock alert fax comes over!

Posted by Scammer Sam

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