British teens ran 'stock-picking robot' scam, SEC says
The twin brothers launched the scheme in 2007, when they were just 16, and took in at least $1.2 million from gullible investors, federal regulators say. It sounded far-fetched — a "stock-picking robot" that could identify penny stocks poised to double in price.
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LETTER: Paranoia, misstated facts, personal demons
Dear Editor:
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British teens ran 'stock-picking robot' scam, made at least $1.2 million, SEC says
Twin brothers launched the scheme in 2007, took in gullible investors It sounded far-fetched — a "stock-picking robot" that could identify penny stocks poised to double in price.
Read more...
Book review: Bonanzas & Borarascas: billions in gold, silver and broken dreams
Western mines produced some $2.3 billion in gold, silver and copper between 1848 and 1884. But mining stocks in those years were issued for nearly 10 times that amount. And most of those stock offerings were out-and-out swindles.
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3 ways to buy into a German recovery
Continuing problems in Europe have kept investors cautious, but just because there are problems in one part of the continent, doesn’t mean there aren’t good investments in another.
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