Webcomic Transcript
Matt recently lost a lot of money investing in the stock market. He bought shares of a company he did not know about, following blindly the advice of a free newsletter he signed up for because it promised great gains, fast. Johnny: If you will, only follow the advice of what shares to buy from independent, paid, respectable financial services. Stay away from free newsletters that promise big gains fast. They are usually paid by companies in a bad financial situation to promote their shares! That unethical practice is known as "pump and dump". Many investors are duped and buy, the share price goes up momentarily but it then comes down. A few lucky investors win but most like Matt, lose. Be careful!
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