A college dropout attempting to live up to his father s high standards gets a job as a broker for a suburban investment firm which puts him on the fast track to success.
Boiler room stock name.
But when he learns that the company is selling worthless securities to gullible.
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Boiler room tells the story of a 19 year old named seth who makes a nice income running an illegal casino in his apartment.
In business the term boiler room refers to an outbound call center selling questionable investments by telephone it usually refers to a room where salespeople work using unfair dishonest sales tactics sometimes selling penny stocks private placements or committing outright stock fraud the use of falsified and bolstered information along with verified company released information is.
Directed by ben younger.
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But the job might not be as legitimate as it first appeared to be.
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10 things you didn t know about the movie boiler room.
A broker using boiler room tactics gives customers only positive information about the stock and discourages them from doing any outside research.
Boiler room the new wall street picture from new line cinema might bring off off wall street to its knees.
Understanding a boiler room.
Seth davis emmy award winner giovanni ribisi tv s my name is earl saving private ryan is eager to show his aloof father that he can succeed in life an ambitious intelligent college dropout takes a job at a small stock brokerage firm where he meets with great success.
His dad a judge finds out about it and raises holy hell.
A lot of times it seems like the world of the stock broker is best left to those that don t have a heart to speak of and find it.
So the kid gets a daytime job as a broker with a long island n y bucket shop that sells worthless or dubious stock with high pressure telephone tactics.
When he was running his casino seth muses at least he.
With giovanni ribisi vin diesel nia long nicky katt.
The movie exposes shady brokerages and their money hungry employees as the slippery.
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