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A Convicted Stock Manipulators Guide to Investing
Marino Specogna Manufacturer: Writer's Showcase Press ProductGroup: Book Binding: Paperback ASIN: 0595264662 |
Book Description
Marino Specogna is a convicted stock market manipulator who exposes in a straight forward manner the deceptive techniques used by manipulators and traders to scam your hard earned dollars. The book goes into detail on the factors an individual investing in the stock market should be alerted to, to avoid being scammed. Included in the book are details on company share structure, tricks of manipulators and crooks on how to create share positions, facts never before disclosed in written form. After reading the book an individual will know how a scam deal is initiated, how the scam is furthered and how the manipulator manipulates a stock. The methods of a manipulator are exposed and can be detected by the reader in real time deals currently trading.This book may reveal methods that shock you and will leave you shaking your head in disbelief for a long time to come.
Download Description
Marino Specogna is a convicted stock market manipulator who exposes in a straight forward manner the deceptive techniques used by manipulators and traders to scam your hard earned dollars. The book goes into detail on the factors an individual investing in the stock market should be alerted to, to avoid being scammed. Included in the book are details on company share structure, tricks of manipulators and crooks on how to create share positions, facts never before disclosed in written form. After reading the book an individual will know how a scam deal is initiated, how the scam is furthered and how the manipulator manipulates a stock. The methods of a manipulator are exposed and can be detected by the reader in real time deals currently trading.This book may reveal methods that shock you and will leave you shaking your head in disbelief for a long time to come.
Customer Reviews:
Makes Sense To Average Person--Nortel exposed.......2005-11-07
lawyer from vancouver.......2004-01-26
I practice in the mining and securities field and find alot of the information detailed to be factual, and know that alot of the information put forward occurs on a daily basis.
The scoundrel reveals dastardly deeds that I wouldn't condone, he belongs in jail.
The book is worth a read.
Surprised, bought 10 copies to hand out as presents.......2004-01-26
Many of the disclosures in this book helped me understand better some of the losses I had experienced in the market over the years in dealing with scum promoters. The book also helped me in the recent bull market in penny mining stocks. I was also a big fan of the book, "Rampaging Bulls", published in 1992, another book revealing many Vancouver Stock Exchange scams.
The author pulls no punches in telling it like it is. No doubt this has caused him enemies especially with the enforcement authorities as he reveals the rampant daily fraud that goes undetected and that has never been documented by them. He also reveals the dirty deeds and tricks of newsletter writers, research analysts, and how newspaper columnists obtain their padded information.
I would recommend this book to everyone. For less than $20.00 canadian,less than what a trade costs, you can be that much more informed. I will be purchasing more copies for work mates and friends who haven't already received a copy as a christmas present.
I also visited the website and emailed the author, who replied pleasantly without looking to rip me off.
Incoherent.......2004-01-19
His terms aren't defined and while I'm sure they have meaning to him, it leaves the reader wondering what he is talking about. For example, he talks of companies getting 50K from an investor, and "washing" it in and out many times to give the appearance of 450K. Since there is no more detail you wonder exactly how this is done and why there is a benefit to the manipulator. Detailing the accounting would be helpful.
It was so difficult to read that I felt I would have to go through and edit it just so I could understand what was meant. To understand what he was trying to say, many lines had to be reread several times because of the poor punctuation, run on and incomplete sentences.
Basically, you should stay away from low quality penny stocks. He mentions how looking at the bid/ask structure can be a tip off. Many of the things he says you should look out for are things the average person will never be able to find out. Even though he says large cap stocks can be manipulated, the examples are low quality issues that have higher prices with little volume and tiny float. He contends that the only reason to buy stocks is for their dividends, and that is the only way to be sure it is not a manipulated stock. I disagree, there are many reasons why a company doesn't pay dividends but that's another issue. There can still be financial shenanigans in dividend paying stock though it might have to be more creative.
Much of the focus is on smaller mineral exploration companies since that is his background. The book also is an advertisement for his services to check out stocks for you. If his reports are written anything like the book, you won't get anything out of them. I checked out his web site, a single page with a few charts of penny stocks and an invitation to email him for a quote for his services. Buyer beware.
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