"Junk Securities"

Nick 2021-12-22 08:01:38

"Junk Securities"

baby-faced Giovanni Ribisi (Giovanni Ribisi), tough guy-style Van Diesel ("Saving Private Ryan" plays the role of soldier Adrian Capazzo), Make up the two elements of this film!
As for the other main characters, the characteristics are relatively unclear!
Okay, now it's time to tell a story!


Obviously, this is a junk securities sales company commonly known as "spare rib shop". I think it should belong to those in the US pink sheet market. The closest thing is Hong Kong stocks!
They use the purchased list of customers with fixed income, adopt the telephone sales model to promote these promising transactions, and then use their own to raise the stock price of the subject matter, so that the follower will taste the sweetness, and then add a large amount, hoping to overnight Rich, in the end there is no return!

1.
As long as telemarketing can attract potential customers' interest, take the bait, and take any tricks, it's okay. For example, you can just open your mouth and say that you are the vice chairman of this "spare rib shop" and pretend to have an independent office, secretary, and driver. !
This reminds me of the tricks of the real estate sales agents in "The Money Worship Clan". There is nothing new in the world. Sales are just like that!


2. Temptation sales
Customers must not give too much for the first purchase, such as 100 shares or 1,000 shares, because these small chips will be cashed in with positive earnings later.
The prerequisite for guaranteeing positive income is that the "spare rib shop" will scramble it up by itself!
This is the evil apple, which makes greedy people who lack the ability to identify independently lose their vigilance and fall into the trap!


3. The
above two principles are the same in daily insurance sales, newspaper sales, daily chemical product sales, etc., aren't they the same?
As for the promotion of securities targets or securities concepts (value investment, price investment, value speculation...), using temptation methods, don't Goldman Sachs, Morgan Stanley, etc. use it?
Which one of them is not extremely confusing, but the methods used are more in line with the legal framework, and countless ways of retreat have been designed in advance!


How can this dream of earning millions of dollars in three years not be tempting for those young people who are not graduated from Ivy League schools, but are full of money worship and material worship?
A "Snatching Money" describes the crazy stock promotion on the eve of 2000, and it was precisely because of the Internet stock bubble drum. After that, the roller coaster went down. Even if it was really brocade, no one could even add to it!







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Extended Reading
  • Jessica 2022-04-22 07:01:34

    I felt the same way when I saw the phone call to sell stocks.

  • Alexandrine 2022-04-21 09:02:37

    The head of the securities company raised funds through the IPO, and then let the traders inside the company sell public shares to create a false boom. The stock price rose, and then the head of the company sold the IPO shares to make a lot of money, and then the stock price plummeted.

Boiler Room quotes

  • Jim Young: [to the new recruits] There's an important phrase that we use here, and think it's time that you all learned it. Act as if. You understand what that means? Act as if you are the fucking President of this firm. Act as if you got a 9" cock. Okay? Act as if.

  • Seth Davis: [Narrating] Its strange to think how that knock changed everything, everything, hey don't get me wrong here, I don't believe in fate, i believe in odds