Scams

by Mike Masnick


Filed Under:
fraud, investors, stock, threats

Companies:
3com



Not Recommended: Trying To Boost A Company's Stock By Bombing Investment Banks

from the this-stock-is-ready-to-explode! dept

Investors do all sorts of odd things in trying to get the stocks they like to go up, rather than down. However, there's a limit -- and apparently one guy went way past that limit in trying to boost the stock of networking firm 3com. He sent bomb threats to 17 different investment firms, demanding that they boost the stock. Apparently, he actually did send two bombs, though it doesn't sound like they exploded. Either way, if you suddenly feel that you need to send bombs (or even just threats) to investment banks to make your investments rise, perhaps you should consider different investment opportunities.

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