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There are numerous schemes available at web-sites, chat-rooms, and bulletin boards with the sole purpose of separating people from their money. Some Newsletter writers are paid to hype the stocks they write about. Some web-sites offering free "stock tips" unfortunately serve as vehicles for "pump and dump" schemes. Bogus press releases have harmed many investors. Unsolicited e-mails sometimes announce non-existent investment opportunities.
It is a good idea to double check any information gleaned from the internet.