Boiler Room In Action
Posted in Rants on December 11th, 2009 by the-rant-merchantSomething happened in work today that put a smile on my face (no nothing like that you dirty minded bastards!). At roughly 11:30 I received a call on my mobile from an international number that I didn’t recognise – +1 (516) 000-0000
I sort of new that it was going to be some form of cold call, but the ones that I usually get are from mundane things like Insurance; Mobiles; BetFair; etc. In a way I was delighted when the guy on the other end instantly mentioned the word Stocks, and it twigged – BOILER ROOM! Not only did he have a really thick New York accent, but he talked exactly like the guys out of Boiler Room to boot (which is incidentally a really good film – and you should all go watch it).
The guy was actually quite clever in providing a bit of background. He said that we had spoken about 8 months ago, and he actually asked if I remembered him, to which I replied with a confident “No”. I suppose that this is quite a good cold calling sales technique – a lot of people might be embarassed to say “no” and could possibly feel guilty since they can’t remember.
Either way he carried on with his well practiced pitch. He wanted to sell some shares of Apple, asked if I had heard of them, and so I said “No”, but he carried right on. Basically, he gave some technical bullshit of Apple shares, and that if I didn’t make a profit on them in 2-4 weeks that he would “personally buy the shares back off you and get on the phone, to you, and beg you for forgiveness!”. But somehow he knew that I had worked for Accenture sometime in the past. His biggest mistake was thinking that I was still there 8 months ago, and still there now.
When I tried to correct him, he knew that his back story was wrong, and that it was instant Game Over so he hung up. And also Game Over for me before my game had even started! I wanted to shout “Come on! Pick up your skirt, grab your balls, and lets go make some money!” at him, or “RECO!!!”, “What do you take me for? A cunt?” (Gangster No.1), or simply say “Look mate, I’ve seen Boiler Room, and I’ve read The Wolf of Wall Street.”
By the way – that’s a damn good book too – The Wolf of Wall Street. If anyone has a remote interest in Wall Street, stock trading, or even liked the film Wall St., then this book would be a great read since this guy knew how to spend money and gives a good insight of how a Pump and Dump scheme works…
On an entirely different note, I had one of those phone surveys a few days ago to my house. The woman on the other end was a little useless, and didn’t quite listen to what I said. Especially when she asked “Are there any children under the age of 18 in the house” to which I replied “Umm no.. no.. they’re all dead now.”, and she carried on…