Buy Stock Online – Good Idea?
If you ever thought about yourself "I might buy stock online" … hold that idea. In the crazy world of stock trading there is a TON of fraud, fraud and spam, but more specifically dealing with a penny stock. To give you an idea of how much junk to buy online (as it relates to a penny stock), a study by Oxford University found that 15% of spam was related to first-hand stock fraud.
I'm not here to say "Do not buy online stock! … I just wanted to inform you that some fraud / spam / scams are taking turns at this moment.Only the key to buying online is finding credible sources of information.
Pumps and dumping schemes are usually promoted by email spam, but you will also find people on online message boards / forums.The same study found that 15% of spam versus one dollar Fraud, and found that those who respond to the scam in a short span of 2 days lost 8% of the capital / investment … while spammers return rate of 4.9% 6% when they sell.