Stocks and other securities (cats and dogs) offered with considerable advertising effort, mainly to private investors by dubious companies and usually from offshore financial centers, which are – either to be assessed as worthless from the outset or – subject to a very high risk of loss. Often success stories (action stories) are included about people who have allegedly become rich overnight by buying the advertised asset. – See cheap copy, steam room, daimonion, dingo values, domicile concealment, energy values, equity banking, financial vultures, company morticians, secret tip, ghetto banking, gambling effect, go-go funds, junk bonds, plain language, credit risk, non-investment grade, offshore financial centers, penny stocks, pump and dump, private equity financing, pyramid, terror papers, tangibility, predictions, trembling premium.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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