Boiler Room...
Author
Discussion

Mattt

Original Poster:

16,664 posts

249 months

Thursday 12th March 2009
quotequote all
Just had a call from Chadwell Management - wanting me to invest in Geron Corp at $3.50 aiming to make $6.50 in 90 days.

The whole thing read like a script from the film!!

laugh

I'll wait 90 days now...

ShadownINja

80,167 posts

313 months

Thursday 12th March 2009
quotequote all
Mattt said:
Just had a call from Chadwell Management - wanting me to invest in Geron Corp at $3.50 aiming to make $6.50 in 90 days.

The whole thing read like a script from the film!!

laugh

I'll wait 90 days now...
My reply would be, "If it's so good, why haven't you taken out a loan from your bank for £100k then in 90 days you can tell your boss where to shove his job".

Simpo Two

93,062 posts

296 months

Thursday 12th March 2009
quotequote all
Plus 'Chadwell Management' doesn't appear on Google. Which is quite an achievement really!

Mattt

Original Poster:

16,664 posts

249 months

Thursday 12th March 2009
quotequote all
Simpo Two said:
Plus 'Chadwell Management' doesn't appear on Google. Which is quite an achievement really!
That's what I thought, I was expecting a few hits - even forum ones like this.

I imagine they shut down before cached. I posted this up hoping it would appear and warn off potential victims.

Somewhatfoolish

5,104 posts

217 months

Thursday 12th March 2009
quotequote all
I still can't understand how wealthy (and thus, hopefully, reasonably savvy) people fall for these things. Argument for better financial education at school maybe?

Ultimately though, while the common confidence trickster's mantra of it being impossible to con an honest man is false, those who do get caught up in these things are quite genuinely being rather greedy...

bad company

21,920 posts

297 months

Friday 13th March 2009
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I had a couple of these calls. I have to say that the caller was very slick and I'm sure he will take in a lot of people.

silver.fox.2008

820 posts

221 months

Friday 13th March 2009
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Tell them you'll take one share hehe

SystemParanoia

14,343 posts

229 months

Friday 13th March 2009
quotequote all
i had one.. the guy was trying to get me to buy £10k of Apple shares saying they were going to rocket.

no i thought apple was a pretty stable company.. not really one for peaks and troughs ?

okgo

42,362 posts

229 months

Friday 13th March 2009
quotequote all
SystemParanoia said:
i had one.. the guy was trying to get me to buy £10k of Apple shares saying they were going to rocket.

no i thought apple was a pretty stable company.. not really one for peaks and troughs ?
I would think if you had put money into apple before the ipod/iphone you would have made substantial returns by now hehe

SystemParanoia

14,343 posts

229 months

Friday 13th March 2009
quotequote all
nah, this was weeks ago

okgo

42,362 posts

229 months

Friday 13th March 2009
quotequote all
SystemParanoia said:
nah, this was weeks ago
Not sure, I mean the things they release are usually very popular, but not sure how this would affect their share price..