Sentences with phrase «stock boiler room»

There's a moment near the beginning of The Wolf of Wall Street — Martin Scorsese's three - hour based - on - a-true-story romp through the excesses of a shady penny - stock boiler room in the»90s — when the swirling cameras and testosterone - fuelled hijinks pause for a split second and the grotesquery suddenly comes into focus.

Many of the government's largest sting operations come from busting up cross-state Ponzi schemes, «affinity» investment scams (which prey on the elderly or on particular ethnic or religious groups), and penny - stock boiler rooms, like the infamous Stratton Oakmont and Sterling Foster.

«Pump - and - dump schemes long pre-date the invention of virtual currencies, and typically conjure the image of penny stock boiler rooms, but customers should know that these frauds have evolved and are prevalent online.

Not exact matches

And most recently, The Wolf of Wall Street, where the protagonist runs a classic boiler - room sales floor occupied with phone salespeople marketing penny stocks.

While the major stock exchanges, securities regulators and police have made significant progress in the past dozen years purging the old - style boiler rooms and pump - and - dump schemes from the public markets, the marketing of suspect securities continues to thrive in the private domain.

«Historically, they were the domain of «boiler room» frauds that aggressively peddled penny stocks by falsely promising the companies were on the verge of major breakthroughs, releasing groundbreaking products, or merging with blue chip competitors.»

So earnings are strong to very strong just as Seth Davis described his portfolio in the movie Boiler Room (2000): «Investors are selling stocks because earnings were better than expected.»

What kind of people work in «boiler rooms,» shady brokerage firms that use high - pressure sales tactics to push marginal stocks, create artificial market inflation and leave a sad trail of ruined small investors in their wake?

Throughout the 1990's she represented numerous broker dealers in «boiler room» stock fraud cases and the progeny of the real - life Wolf of Wall Street.

«Historically, they were the domain of «boiler room» frauds that aggressively peddled penny stocks by falsely promising the companies were on the verge of major breakthroughs, releasing groundbreaking products, or merging with blue chip competitors.»