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Non-Tech : Lunn Industries (LUNN)

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To: lostmymoney who wrote (1426)10/29/1997 8:33:00 AM
From: Emec  Read Replies (1) of 1436
 
Mike, you should not have bothered with Newstock. I believe that this is the same company as www.moneyworldonline.com. They are a scam of a company in Florida that represents itself as a "research company" unless you notice the fine print that their write ups are paid advertisements. They get a huge amount of shares from tiny start ups and then try to run it up by offering shares to brokers if they will put their clints in their stocks. When the stock goes up, they dump and other investors are left sucking wind. I have a broker friend who used to get calls from this company. They don't get involved with serious companies like LUNN, only speculative companies that you will either make a killing with or lose your entire investment.
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