Bitcoin Forum

Bitcoin => Press => Topic started by: The-Real-Link on January 20, 2014, 04:04:40 PM



Title: 2014-01-20 - Investment Research Institute (Bitcoin Stance)
Post by: The-Real-Link on January 20, 2014, 04:04:40 PM
Was forwarded this from a friend's email this morning.

http://pro.stansberryresearch.com/1310CURCYNEW/LTRWQ132/

Seems pretty garbage to me since he's just trying to sell his investment product.  Maybe some minor truths but anyone else care to share their thoughts?


Title: Re: 2014-01-20 - Investment Research Institute (Bitcoin Stance)
Post by: odolvlobo on January 20, 2014, 04:23:23 PM
He wants you to invest in a "secret alternative currency", which turns out to be collectible gold coins. Other than that, he has nothing to say.


Oh, and this ...

Plaintiff Securities and Exchange Commission ("Commission"), for its Complaint against Agora, Inc. ("Agora"), Pirate Investor LLC ("Pirate") and Frank Porter Stansberry ("Stansberry") (collectivley referred to as "defendants"), hereby alleges as follows:

INTRODUCTION

1.   Defendants engaged in an ongoing scheme to defraud public investors by disseminating false information in several Internet newsletters published by Agora or its wholly owned subsidiaries such as Pirate. Through various publications, defendants claimed to have inside information about certain public companies. Defendants suggested that its readers could cash in on the inside information and make quick profits. The defendants offered to sell the inside information to newsletter subscribers for a fee of $1,000.

2.   Numerous subscribers purchased the defendants "inside tips" and made investment decisions based on that information. The purported inside information was false and, as a result, the subscribers did not realize the profits the defendants promised.

3.   The defendants, however, profited handsomely. On information and belief, Agora received in excess of $1 million from the sale of false information to its newsletter subscribers.


Title: Re: 2014-01-20 - Investment Research Institute (Bitcoin Stance)
Post by: Bitcopia on January 20, 2014, 04:29:35 PM
I really tried to watch the whole video, but I felt myself growing dumber by the second.


Title: Re: 2014-01-20 - Investment Research Institute (Bitcoin Stance)
Post by: The-Real-Link on January 21, 2014, 12:56:26 AM
Cool, thanks guys.  I already told said interested people who forwarded me the article / video that it was pretty much junk just from the encouragement used to "buy" into something and not really invest.  Thanks.