HOUSTON, TX, January 15, 2011 (Press-News.org) "The MoneyMan Report" with Dan Frishberg on Wednesday featured guest Herb Greenberg, noted financial columnist and senior Greenberg started his career writing for the San Fancisco Chronicle, became popular on The Street.com and is now senior stocks commentator for CNBC.
First a question for Dan. A listener explained that a broker posing as a friend guided him into investing in two IPOs Bond ETF, where he has so far lost money. The answer was simple. The guy isn't your friend, he is not an advisor and he sold that IPO because it pays a commission. An IPO of a bond ETF has no meaning, and of course, it promptly lost money after issue.
Next Herb Greenberg
Greenberg is heralded for exposing questionable business ethics in the public sphere. He gave his take on the issue and proceeded to issue "Buyer Beware" warnings about several Chinese IPOs.
Greenberg spoke about Chinese reverse mergers, which go public by merging into the existing shells of penny stocks, bypassing SEC regulations. He emphasized the dangers of investing in reverse mergers, which have made headlines and come under intense scrutiny over the past few months.
"The MoneyMan Report" can be heard on Business 1110AM KTEK in Houston, The Biz 880AM WZAB in Miami, and Biz 1190AM WAFS in Atlanta. The show can also be heard online at TheMoneyMan.com. The features above are available by podcast on demand on TheMoneyMan.com
In his two hour daily MoneyMan Report, Daniel Frishberg has created one of the fastest growing sources of information on investing and trading in the country, now reaching audiences all over the U.S. Dan's program is regularly picked up on major web portals like Market Wire, Forbes, Dow Jones, and Yahoo Finance. His stock picks and strategies are reported regularly by http://www.thestockadvisors.com, AOL and MSN.
The Money Man Dan Frishberg Welcomes Herb Greenberg To Show
Financial columnist Herb Greenberg.
2011-01-15
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[Press-News.org] The Money Man Dan Frishberg Welcomes Herb Greenberg To ShowFinancial columnist Herb Greenberg.