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Microcap & Penny Stocks : CECN -- Ignore unavailable to you. Want to Upgrade?


To: Doo who wrote (988)10/24/1998 10:37:00 PM
From: Alan Lee  Read Replies (1) | Respond to of 1030
 
Just for the record, here's the most relevant quote for CECN investors from the articles Jeffrey cited:

As for The Future Superstock, it is run by Jeffrey Bruss, a professional stock promoter who apparently has quite a record for burning investors with his stock picks. On Silicon Investor there's a even a forum entitled, "Future Superstock: market manipulation???" One posting reads, "I got suckered buying Future Stock's recommendation.... Now I'm sitting on a $1,500 loss." Another chimes in sadly, "You're not alone, I assure you. Lots of trusting investors have lost money at the hands of Jeff Bruss." So far Bruss hasn't been charged with any wrongdoing. Neither he nor his attorney responded to FORTUNE's calls.




To: Doo who wrote (988)10/28/1998 2:37:00 PM
From: David Rubin  Read Replies (1) | Respond to of 1030
 
FINALLY -- SEC brings charges against Jeff Bruss!

From the Wall Street Journal:

The SEC said one online investment newsletter called the Future Superstock
(www.futuresuperstock.com), written by
Jeffrey Bruss of West Chicago, Illinois, recommended the purchase of
about 25 microcap stocks predicted to double or triple in value. The SEC
said Mr. Bruss failed to adequately disclose more than $1.6 million in
compensation from the featured companies, and lied about the success of
certain prior stock picks.

Arthur M. Schwartzstein, an attorney for Mr. Bruss, said, "The SEC's
complaint is not a balanced document, but only the commission's versions
of events. Jeffrey Bruss is confident that when all the facts are out, both he
and the Future Superstock will be found innocent." He declined to
comment further.

Let's hope this slime gets what he deserves!