This company, Market Insider Report, contacted me by phone and gave me a stock tip on a tock RETC. The name was 12 Retech Corporation, A real corporation and a new IPO. The name given me by the guy on the Phone was Bruce Marsten his phone number has now been disconected. I looked up the company and found a websight. marketinsiderrport.com The web sight did not have much information on it other than it would be alerting me to new reports soon. But, I bought the stock, on the information Marsten was givign me that he stock was new and going to be going up in price to a target price of 3.00 by September. He told me that was about .97 at thetime and he w as right. I waited a day and it rose to a little ove on dollar and I bought it. It rose fast and I ended up with 2100 shares. For a week it rose fast and the it got to about two dollars and fifty some cents one day. Then the bottom dropped out in the last few minutes of the trading day.
The next day, it was still dropping and I got out while I was still about 800.00 to the good. I stared calling Marseten to see what happened and I could not get in touch with him that day. but he next day he returned my call. When I asked what was going on he told me the stock was being hit by shorters and it would be over by the end of the day. Then He told me that I should not have gotten out, that as soon as the shorters stopped it would start going back up. I told him I had sold out before I lost everything and I would wait to see what happened. The next day it seemed to bottom out and I bought back in at a little less than I had been paid to get out. By the end of that day it dropped again to about .09 and I lost again. At that price it was no use to get out.
I tried to get intouch with Mr Marsten and sent Market Insider Repot a message by email to try and find out what was going on. Marsetn would not answer his phone. NO messages came from Market Insider Report either. This is the next day and still no word and Mr. Marsten's phone is now a non working number.
Here is the scam: He contacts me and others a bout this new IPO and gets us to buy driveing up the price. I bought 2100 shares and who know show many more bought. The price rose like a rocket 2.55 while he is telling us that it will go to THree dollars in a month's more time. He/they, Meaning maybe Market Insider Report, Have also put in thousands into the comapany to get the ball rolling and then at 2.55 they sell theirs all at once dropping the price by half in a matter of hours at the close of the trading day. The next day everybody else wakes up to see the price going through the floor and they sell to save whatever they had left. The last I saw today the price was at .08.
I'm not sure if this was done by Market Insider Report or not , but he website seems a little weird to me and I have the feeling it is bogus. Bruce Marsten was the name of the guy I talked to and he used a New York phone number that no longer works. I feel like I ought to put the word that his type of thing is around.
Market Insider Report Reviews
This company, Market Insider Report, contacted me by phone and gave me a stock tip on a tock RETC. The name was 12 Retech Corporation, A real corporation and a new IPO. The name given me by the guy on the Phone was Bruce Marsten his phone number has now been disconected. I looked up the company and found a websight. marketinsiderrport.com The web sight did not have much information on it other than it would be alerting me to new reports soon. But, I bought the stock, on the information Marsten was givign me that he stock was new and going to be going up in price to a target price of 3.00 by September. He told me that was about .97 at thetime and he w as right. I waited a day and it rose to a little ove on dollar and I bought it. It rose fast and I ended up with 2100 shares. For a week it rose fast and the it got to about two dollars and fifty some cents one day. Then the bottom dropped out in the last few minutes of the trading day.
The next day, it was still dropping and I got out while I was still about 800.00 to the good. I stared calling Marseten to see what happened and I could not get in touch with him that day. but he next day he returned my call. When I asked what was going on he told me the stock was being hit by shorters and it would be over by the end of the day. Then He told me that I should not have gotten out, that as soon as the shorters stopped it would start going back up. I told him I had sold out before I lost everything and I would wait to see what happened. The next day it seemed to bottom out and I bought back in at a little less than I had been paid to get out. By the end of that day it dropped again to about .09 and I lost again. At that price it was no use to get out.
I tried to get intouch with Mr Marsten and sent Market Insider Repot a message by email to try and find out what was going on. Marsetn would not answer his phone. NO messages came from Market Insider Report either. This is the next day and still no word and Mr. Marsten's phone is now a non working number.
Here is the scam: He contacts me and others a bout this new IPO and gets us to buy driveing up the price. I bought 2100 shares and who know show many more bought. The price rose like a rocket 2.55 while he is telling us that it will go to THree dollars in a month's more time. He/they, Meaning maybe Market Insider Report, Have also put in thousands into the comapany to get the ball rolling and then at 2.55 they sell theirs all at once dropping the price by half in a matter of hours at the close of the trading day. The next day everybody else wakes up to see the price going through the floor and they sell to save whatever they had left. The last I saw today the price was at .08.
I'm not sure if this was done by Market Insider Report or not , but he website seems a little weird to me and I have the feeling it is bogus. Bruce Marsten was the name of the guy I talked to and he used a New York phone number that no longer works. I feel like I ought to put the word that his type of thing is around.