Olympia is a dying firm that is getting desperate. Michael Murphy, the CEO, is pushing those brokers to open accounts at all costs. He don't care, he lets the brokers get fined if something happens...
caller asked for boss and when unable to assist caller hung up... question since when does a telephone prefix begins 111??!!! mmmm?? so much for Caller ID and homeland security?!!
Olympia is a dying firm that is getting desperate. Michael Murphy, the CEO, is pushing those brokers to open accounts at all costs. He don't care, he lets the brokers get fined if something happens...
It is a boiler room for sure. They use misleading pitches implying that they have spoken with people before "Do you remember me?" They pass out sales scrips to new rookie brokers that they pray can pass the series 7 exam. These guys spend 12 hours a day cold calling people around the country, most of their accounts are in red states which are dumb hicks. They imply that a stock is a potential takeover and is in the works and to start small with just 100 shares and when "we take profits" we can work bigger the next time. The recommended Motr, Bac, pmi, S, Txt and glw. All have declined dramatically. I am surprised they are still in business with all the bs they give out. Can't the regs find these guys out. It gives other stockbrokers a bad name.
Ok can someone please tell me what was so bad about this firm they called me and I was interested in the idea. thank goodness I hung up. But I was still wondering why everyone is so against this firm. please help