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29-11-2006, 10:06 PM | #1 | ||
Oh Yeah!
Join Date: Jan 2005
Location: Manhattan, NY
Posts: 1,023
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I can't believe the things some people will do these days to make a quick dollar. I got home tonight to find a letter from a company called the 'Direct Share Purchasing Company'. I hold shares in BHP which are valued at $26.12 when this letter was printed, they are offering to buy them from me for $18 WOW What a bargain! Thats only a 44% loss compared to market value. They ask for your SRN first which gives them access to your holdings, then state you will get a cheque in 3 days. Considering the market is T+3 they will also have the nice little 44% profit in 3 days as well. What they are doing isn't illegal but im sure they will trick people.
It's bad but what makes it the worst? Well the letter you return the form in isn't reply paid, you have to put your own stamp on it!! I just can't believe some of the things people are doing now days to make money its just pathetic
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