All,

Is there anyone here that is a client of City Equities?

If so, have they rung you regarding a mining/resource stock last Friday, or today?

If so, can you remember which one please?

I would be grateful if you could post it here, as I hold an account but don't want to ring because they can be a bit pushy.

profitmaker,

Check out the MOS article here;

http://www.thisismoney.co.uk/news/columnists/article.html?in_article_id=401475&in_page_id=19&in_author_id=5

All,

Is anyone still receiving calls from City Equities, Parker Rowe, or any other boiler rooms?

If so, please list any new recommendations or experiences here for others to share.

The FSA has issued a new alert, re J.P.Stuart!

I had some cowboy ring me up the other day but didn't manage to catch the name before telling him to f*** off.

LOL!

I'll ask first next time :-)

That was me you b*stard!

Gausie,

You still pushing DMR?

Yep. Off a cliff.

lol

Are there any clients of Pacific or FSW Europe here ?

On the main thread of City Equities, I have been stupid enough to fall for their slick patter on six occasions. I'm still amazed at some of the rubbish I'm holding that was dressed up as 'a very exciting situation'. Exciting for CE maybe who act as principle buying into shares issues low and then punting them out for a nice profit.

I'll stick to following my own instincts and research rather than these so called penny share 'experts'

From my experience I would advise not to deal with these people.

Peeps, surely you are all aware of the compensation City Equities had to pay out to a former employee for unfair dismissal. The guy exposed the company's policy of passing on the worthless shares to their clients for a hefty premium, having acquired the same shares at a large discount.
The employee was awarded around 30000 in compensation (if memory serves me correctly).

Keep away from this company!!!!!

Link to a report of the case below.

http://www.lse.co.uk/ShowStory.asp?story=BY416170T&news_headline=broker_wins_%C2%A335000_for_unfair_dismissal

clover, britshare,

Excellent links to this case, many thanks!

EVERYONE should read that article IMO!

Oi Gausie ... if I had known it was you I wouldn't have been so polite.

Everyone should be aware of the crap recomended by City Equities. I was taken in by them 3 years ago and am still paying the price. Just so you dont think i am biased towards them take a lok at their last equitity market update July 2005 and the seven recomendations they gave, price then and now.

Access Int ACC. 10p price now 7.125p -30% approx
Blackrock Oil BLR.L 1.63p price now 1.55p - 5% approx
Delling Group DLG.L 21.50p price now 12.50p - 41% approx
Heartest Hol HTH.L 0.53p price now 0.57p + 6% approx
New Media NMI.L 2.75p price now 1.375p - 50% Approx
Quinnects QTC.L 1.88p price now 1.75p - 7% approx
Intandem IFM.L 3.88p price now 2.75p - 29% approx

Out of seven recomendations six are down substantially, and one up 6%. If you then have the missfortune to have a dealer ring you from time to time with other recomendations, not on the equitity maret updates you are in for some serious losses. On Monday i will list the recomendations made to me and show you what happened to them to date. It doesn't make me look good but I was a novice then.
I have kept a close eye on City Equities since then and how they are still in busnes is a mystery. I do not recomend anyone dealing with City Equities. I felt that they wre dumping dud companies on me, and also dumping bad stocks on me from their bigger clients.

crockanure8,

A very interesting post, and one that others here should read and inwardly digest IMO.

I am looking forward to your list of recommendations and what has happened to them since next week.

They recommended EPO to me at 3.75p, and it was below a penny in no time!

After that , the dealer would always ask me if I had three months salary in the bank BEFORE he would give me the recommendation, and as I always said I didn't, he never told me any more recommendations!

Andy
Will have the list in the morning. I can promise everyone it makes
spectacular reading. I am going to make it my personal hobby checking up
on them, and showing them for what their worth. Andy keep posting re City Equities to keep the BB on the leader page.
Crock

,,,a pump and dump worthless bunch of third rate "all patter" salesmen with as much knowledge of the markets as well,,,... Used car salesmen come to mind . ..ln a word: CRAP !!!!! ....@+ J