Talk:Boiler room (business)

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I am looking for some statistics about Telemarketing.

E.g., a friend of mine should make phone calls and invite prospectives to an introduction seminar. What percentage can you expect to say they are interested in a seminar and how many will than show up really. Sure it is a question of the seminar topic.

[edit] Inaccurate description of stock boiler room?

"The boiler room starts the process off as a bridge loan"

This is describing the plot of the Boiler Room (Film) and presenting one particular scam as descriptive of all "boiler room" scams. Most boiler room stock scams are just pump and dump on low volume, low value stocks, not this IPO related stuff.