Number 1

Step 1: A ‘cold’ call

You get a call from a (Luxembourg?) number and are asked some general questions about your investment strategy

The guy (Charles Robert Bingham) is nice and introduces himself and the fake fraud company Derwent Investments, even shows you (before you dare to ask) where to check that they are a real registered company in Singapore (!) and Luxembourg and guides you to a few ‘articles’ on Yahoo Finance (which turns out, you can pretty easily get Yahoo Finance to cite any financial news / press release with an automated process).
He listens to your comments and concerned questions in the call and then (at least for me) the one question from him, that really sticks, is something like this:
“Do you think just speculating on rising or falling stock prices based on generally available information is the best way to win against the market?
Or wouldn’t it be better to have better information about certain companies and stocks to act on?”

Just by accident, he already has an idea:
He has heard that one of the existing – but not so famous – IT stocks might be up for being bought by one of the famous ones.
Sure, he says, take a look at the stock, but don’t buy it yet, he’ll get back with more information…

Home » Step 1: A ‘cold’ call