Welcome

Welcome to the blog. Please sign up for updates and be sure to follow me on twitter at hogsnstocks@twitter.com. I will be posting daily so visit often. Im adding some helpful links to tools and products that can help you succeed in business and in play. Remember life is too short so we need to PLAY

Thursday, December 29, 2011

If a stock quacks like a duck, sounds like a turd, then maybe it is one.

Ever wonder why some try to be so convincing it's the BEST STOCK EVER and it's going to the moon kind of thing?  Stop and think about why they are trying so hard to get you to invest in the next best thing since a flushing toilet...

Just a hunch or intuition, but more times than not, they are holding shares and want to dump them.  DUMP them on YOU.  Use your common sense, use your gut feeling and I can't say it enough, do your OWN due diligence.

If a stock quacks like a duck, sounds like a turd, then maybe it is one.

Here's  food for thought:
In its three fiscal years ending in 2010, the SEC brought some 360 enforcement actions to revoke the registration of common stock of numerous companies. This was nearly 18 percent of the total 1,206 enforcement actions brought by the SEC in that period.

The SEC is coming down hard on these stocks and there is a reason for it.  They have your best interest at heart and want to shut these scam's down. Rules and Regulations are set up for a reason.  Remember  a little thing called The Wall Street Crash of 1929?  Our economy is already in disarray and all of the signals are there for an ugly depression.  I could get into a debate over this, but I will save that conversation for another time.  Do what ever it takes to protect your hard earned money and until tomorrow, make it green!

"I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years."
Warren Buffett

No comments:

Post a Comment