Morgan Stanley, JP Morgan and every investment firm in the world has retail desks trading stocks, cold calling. You guys are retarded with this cold call bashing crap. Look at the stocks these guys are recomending to you they are all up and are 1bb dollar corporations that trade millions of shares a day. Its called research. Maybe if you understood anything about investing your retirement accounts wouldent be down 50% with you still cheering funds. Good Luck.
I have some advice for you -
1. Get a degree.
2. Focus your studies on economics and finance.
3. Use that knowledge to understand how Pendulum/Garden State is a shady company that hard-sells people.
4. Research the complaints against Pendulum/Garden State
5. Learn grammatical rules
6. Learn to spell
Harvard....youknow what's ridiculous??? You and your education idea...and your education...if your name implies you went to Harvard...why did u waste your money. you could make more money with out a degree...
I worked for a simlar company and have friends working there. It is a legit firm, but it a scam in the sence of promesing you high returns in a short period of time( If you beleive that , you are stupid). They use strong sells techniques and most of the time that can be anoying.
The main problems with these companies is that they don't really do a research in the stocks that they are selling. They pick the most easy and attractive to sell. They choose the pitch that would sound better and would convence you to buy. If they had a research team and financial anlyst to advice the sales force, they would end up bringing value to their clients. However, they pick a very volitile stock that is easy to sell and force you to buy. You can really make a short good return on it in the short run, but your probablity of losing in the same proportion is bigger, because in the end, they don't time the price of the stock
These guys keep calling - seriously, I use my own brokers because I did the research to find people I trust. Cold calling is a numbers game and these guys are clearly on the bottom rung of the sales ladder. If they were any good they would qualify you in 20 seconds and when they realisae you are not going to invest they would hang up on you - they are clearly amateurs. Gotta start somewhere I guess.