Stocks, Stock brokers, question Basic investors?

Question

Hi, I know very little about the stock market and I would like some help...

I recently had a phone call from Basic Investors in america, he advised me to invest in smartheating.com I think... The nadaq symbols are SMTH.... Can someone tell me if this some sort of scam or something... I'm pretty confused....

Thanks

Answer 1

Just ignore it...if the person who called knew what they were talking about they could invest their own money and get rich.

Answer 2

View It Now    FinanceExtends (dot) com

Answer 3

His recommendation must have made an impression on you to go thru this much trouble.

If you go to finance.yahoo.com (http://finance.yahoo.com/), there is a box on the upper left side with a button saying "get quotes" to its left.

I typed in SMTH on that box and came up with nothing. I may be wrong on the stock quote so i did a search on smartheating.com and came up with this (http://smartheating.com/). The domain name is up for sale.

I hope you did not send that cold caller any of your hard earned money. It sounds like, looks like, and smells very much like a scam.

Good day! http://jsforex.blogspot.com

Answer 4

Never, never, never, never invest in anything some one calls you about.  NEVER.

This is not -- NOT -- the way small investors get good financial advice.

When you hear a (stock) broker on the other line think:  salesman.

That's all he is.  He wants you to buy whatever c**p he is selling because he makes a commission on it if you do.

Answer 5

Sounds like it is either a scam or a cold call.  In either case, you should just ignore it.