i have amessage from someone tell me about stock investment business (sbdn.ob) what is the meaning of that?

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i have amessage from someone tell me about stock investment business (sbdn.ob) what is the meaning of that?

2007-03-08 05:24:58 · 3 answers · asked by mado n 1 in Business & Finance ➔ Investing

3 answers

It is called "spam"...

2007-03-08 06:35:59 · answer #1 · answered by Anonymous · 0⤊ 0⤋

They are hoping people will buy the stock and increase the price. Then they sell and leave the other people holding worthless stock. The SEC froze trading on 35 companies that were doing the same thing.

2007-03-08 13:33:18 · answer #2 · answered by Michael B 5 · 0⤊ 0⤋

its a rogue stock trading on the bulletin boards (.ob = bulleting boards), therefore its not trading on any exchanges. Bulleting board stocks are not always rogue stocks. But looking at this one, and I am assuming you got this tip in your yahoo mailbox, its definitely a fake. If you've ever seen the movie boiler room, its similar to that.

2007-03-08 14:07:56 · answer #3 · answered by adroit 2 · 0⤊ 0⤋