You mailed in my company a postcard a few weeks back requesting information on penny stocks that had huge upside potential with very little downside risk. Does that ring a bell . Yeah i may have the reason for the call today, john, something just came across my desk, john. It is perhaps the best thing ive seen in the last six months. If you have 60 seconds i like to share the idea with you. Gerri did you see that movie . Well the real Jordan Belfort wound up in jail pushing penny stock scams from his boiler rooms. Now investors are rushing back into some of these risky invests at a record pace. Were looking out for your wallet with ed butowsky, chatwood asset management. Ed, welcome to the show. Tell you a thing or two about pink sheet stocks, microcap stocks, nano stocks. Yeah. Gerri look at runup in these stocks this year, up 40 . Four, 0. Why wouldnt i play . Well because youre literally not buying anything. None of these companies for the most part really, some really dont even exist. Some are numbers and they are theories. These were, most of these companies, gerri, never went through ipo process. If you investigate these companies you realize they literally bought a public shell, put something in them. Now they have people out there promoting them. Theyre promoting them a lot different than the wolf of wall street. Theyre doing it with highly sophisticated techniques like blog posts and using other things on internet to push them up. People, you know what . They want to make money. They love the idea. Gerri, for everyone watching run away from these. Ive done this 27 years, with exception of none one or two stocks, none of them work out. They are pumping them up, dumping their own positions and you will own some worthless stock real soon. I will argue this case because i know people out there, i just talked to a guy right here who has bought some of this stuff, okay . He works at a business network. Green grove technologies. Grovox sciences. Hemp. So marijuana is selling these penny stocks. People want to get on board because they know it is becoming legal all over the country. Take a look at performance. Sure. Gerri look at these penny stocks. Up 184 . Up 164 . You cant beat that. Why not buy in now and ride the wave and get out when you can . I mean, a lot of people call it gambling. Thats what it is. Ive been really up in vegas too. You know what . Good thing i went to bed because i would have lost it all. These are not real companies. What were doing, is we want people to invest their money so they have something down the road. And this is not the way you do it. So whoever at the Fox Business Network is doing this, sell your stocks. Go buy some good, sound companies. Thats what you need to do. Youre an investor. Youre not a gambler. That is what ruins this industry we have that love, we have too many people out there calling up people, buy this, sell that. Gerri right. Found this new product. If there is real product, real service, gerri, it will go through natural ipo process and it will be a company that has Research Backing it. Gerri here is what we know, a lot of companies, i will stop playing penny stock pubber and be personal finance person that wants everybody to make money in the stock market, these are people that are being sold by people who just want to take your money at the end. Day. There are some legitimate cases. There are. Gerri but some are pushed by bloggers, pump and dump schemes. Here is what the Securities Exchange commission, the top cop on the beat when it comes to stocks, here is what they had to say about penny stocks. Be prepared to lose your entire investment with penny stocks. Yep. Gerri so go right ahead. Gerri i have to throw in a reallife story. There was a company many years ago that i personally invested in, didnt put any clients. Called robo tool. I have to learn more about the company. I found the person who said they were shareholder relations. I called a little girl five years old answered the phone. She said my daddy is sleepint s. You know what . A lot of other people were buying that stock. There are stories hine them. We are investors. Invest your money after you do Good Research and do very few of these. What are chances one of those companies that work out are the ones that youre going to buy . Just dont play. Gerri not going to find walmart or next hot Technology Stock in the pink sheets. Youre not. You just arent. Gerri tell me if ive got this right because i did a lot of research myself on this. Okay. Gerri these companies typically dont have to file with the sec you cant find how much money they are making. You dont know if they have earnings. There is no annual report. No quarterly filing. You have no idea if theyre borrowing money hand over fist. There is no letter from the ceo. Nothing of that exists typically. They dont have to do usual Things Companies have to do to protect their investments. No standards they have to meet. This is the worst wild west of stock investing. Thats right. Gerri if you have any hope to make money, do it somewhere else on a real exchange. An exchange where people have to meet standards. Thats right. Gerri thats what i think. Do you think a lot of people are getting killed this way . Do you have clients coming to you, hey, i heard about this great marijuana stock . Are people saying this is where i want to be next . Well, they do. I mean look, right now the market isnt doing so great, even though hit a new high on s p today, the market is up about 2, 2 1 2 . The bitcoin publicity really given birth to this craze, this idea they will find something new that is going to skyrocket. That is the main reason this year were seeing a lot more of this. Gerri, there is different reporting for these Public Companies and different than on the new york stock exchange. These small, pink sheet companies. But there still is some reporting. But this is very similar to a company just not going through the proper procedures and that is what people want. They want to know what these companies are doing. They want to know that theyre sound. You know what . A lot of people out there dont care. They say the stock went from a dollar to 3 or went from 12 cents to dollar. Look how much i made. I will wait until it goes to 5. They get enamored or almost addicted or intoxicated with the idea they found this great thing. You know what . Bought a stock at 12 cents and it is at 5. Sell it right now because it is not going too much further. Gerri ed, great to have you on. Thanks for the warning. All our viewers appreciate it. Thanks so much. Thanks, gerri. Gerri we want to know what you think. Triple after is forecasting memorial day weekend traffic to hit a postrecession high. So what is your preferred mode of travel . Plain, train or automobile . Log on to gerriwillis. Com. Vote on the righthand side of the screen. I will share results at the end of tonights show. Isnt it on everybodys mind. Memorial day is here. If youre planning expect a lot of company. Triple eight is expecting 30 sick million holiday travelers this weekend. What do you need to know to prepare . Aaas Heather Hunter is here. Welcome to the show. Are you expecting a record year . Aaa is expecting a strong memorial day weekend. 36. 1 million americans are expected to travel this holiday. That is the second highest volume since 2000. As we are entering Summer Travel season really the harsh winter is still on the minds of many americans. That unforgiving winter is making them want to travel. Gerri im curious what experience people will have out there. The last memorial day price of gas was 3. 63 a gallon. What will it be this memorial day weekend . We expect it to be similar to last memorial day. Current prices are 3. 66 a gallon. It is right in line with last year. Prices remain at a level most americans consider to high, were 30 cents a gallon less than we were in 2008. Gerri very good. A lot of people traveling. Many of them driving, most of them driving. Where are people going this year . The majority of people driving about 88 of travelers will take to the roads. Most people stay within a few hundred miles of home. So beaches, theme parks, are going to be very popular destinations. As well as national parks. Top destinations in the u. S. Are orlando, anaheim, washington, d. C. , las vegas. Theres many great places to visit in the u. S. Gerri one of the things i always think about especially when youre in the car are the bottlenecks youre going to face. Where are you going to run into the most traffic . Can you give us a hand on that . It is going to be a very busy weekend on the roads. We expect tonight to be extremely busy as people get out of work and start heading to the vacation destinations. Monday well be very busy with people heading home. But throughout the weekend you are going to hit traffic as people are heading to local destinations as well. You can avoid some of that traffic if you head out in the morning and try and avoid major cities during rush hour. Gerri thats a great idea. You know, i guess if you were trying to figure out the best thing to do tonight it may be leaving tomorrow morning rather than right now. What do you say, heather . Yes. If you can head out early tomorrow morning and ready to go before most people are on the road you will probably avoid some of that traffic. But the main thing you really want to make sure you and your family are safe. Get wellrested and stay alert while youre driving. Put all away all distractions. Of drive distractionfree for you and your family. Gerri no phones with the hands. Watch out for messing with controls on mapping device if youre trying to follow directions. Have somebody tell you where to go. Heather, great to see you. Thank you. Happy memorial day. Gerri you as well. Still a lot more to come this hour including your voice and your voice is so important to us. We want to hear about what we do on the show of the thats why we want you to facebook me or tweet me gerriwillisfbn or send me an email gerriwillis. Com. At the government hour i will read your tweets and emails. Another scandal inside of another va hospital. , miami. Well can tell you about charges of a coverup going on there. Stay with us. When folks think about what they get from alaska, they think salmon and energy. But the energy bp produces up here creates Something Else as well jobs all over america. Engineering and innovation jobs. Advanced Safety Systems technology. Shipping and manufacturing. Across the United States, bp supports more than a quarter million jobs. When we set up operation in one part of the country, people in other parts go to work. Thats not a coincidence. Its one more part of our commitment to america. Smoking with chantix. For 33 years i chose to keep smoking. Because it was easier to smoke than it was to quit. Along with support, Chantix Varenicline is proven to help people quit smoking. Its a nonnicotine pill. Chantix reduced the urge for me to smoke. It actually caughte by surprise. Some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. If you notice any of these, stop chantix and call your doctor right away. Tell your doctor about any history of Mental Health problems, which could get worse while taking chantix. Dont take chantix if youve had a serious allergic or skin reaction to it. If you develop these, stop chantix and see your doctor right away as some could be life threatening. Tell your doctor if you have a history of heart or blood vessel problems, or if you develop new worse symptoms. Get medical help right away if you have symptoms of a heart attack or stroke. Use caution when driving or operating machinery. Common side effects include nausea, trouble sleeping and unusual dreams. I did not know what it was like to be a nonsmoker. But i do now. Ask your doctor if chantix is right for you. Gerri new allegations tonight about the va scandal. Listen to this. It went to a miami virginia hospital. One detective reported abuse, drug deals and other crimes. The death after 27yearold combat veteran who overdosed on cocaine and heroin one week before he was scheduled to graduate from a Rehab Program there. Joining me weekly standards steve hayes, fox news contributor. Welcome back to the show. Good to be back. On this very serious topic, this va scandal that gets worse and worse. In miami now, were hearing that there were drugs dealt. That drugs should have been use in the hospital legitimately were being sold. That patients were being abused. This report being made by a fellow, thomas if i or a, who was a detective there fiore. Are you surprised by this. Im not exactly surprised. Because weve seen allegations and detailed in government reports and Previous Press reports. I guess the fact that this was so widespread, so wellknown and so tolerated by the staff, staff and administration of the hospital was really eyepopping. Not that just drugs were being dealt within the hospital. It is that it was basically a known secret. Everybody knew that was the case. There were patterns where the patients would go down and meet their dealers on smoke breaks, on times they understood their dealers would be there in order to make a drug dale. Gerri wow. Pretty incredible detail this gentleman is providing. Gerri fiore made these allegations two years ago. This is not new news, right . Right. Gerri one of the big issues with this story like it just happened yesterday. In every case it seems to me the problems existed for years. Yeah. Gerri hear from this detective himself. Here is what he had to say. I actually prepared a, a written plan, if you will, pertaining to a undercover operation so that waive we can at least identify who were, are targets are for the, drug sales. And i presented that in an email. And im still waiting on a response. I submitted it about two years ago. Gerri still waiting on a response. Why do you think that is . Well, it seems like people at this particular va, and at va facilities around the country were eager to brush aside any problems to continue to go about their daytoday business as if there werent any problems. That is what weve heard again in the gao reports and stories like this one. That was an incredible story he just told but he also said he told the hospital chief of staff, a guy named dr. Vincent de again narrow. That the dr. Told him stop investigating problems. That is pretty incredible with the chief of staff of the hospital says, we dont want to know. Gerri shocking. We mentioned in this entire conversation, this was nothing new. The president when he talks about, he wants more investigation, more reports. He is waiting for the igs report before he does anything at all. Heres the president. I know the people are angry and want swift reckoning. I sympathize with that but we have to let the investigators do their job and get to the bottom of what happened. Our veterans deserve to know the facts. Their families deserve to know the facts. Once we know the fact, i assure you if there is misconduct, it will be punished. Gerri a lot of people out there tonight saying we know the facts. Why is the president delaying . We do know the facts. The Inspector General reported himself there were 23 preventable deaths. Did he say they were directly related to the delays . He couldnt make that claim but he said there were 23 preventable debts. That is a fact. I think the president doesnt want to pursue this because he would prefer to pass the buck again. He is opposing a new bill in the house of representatives that would allow the secretary of the va to fire people for misconduct or for bad performance. The president s opposed it when jay carney asked why they opposed it, he couldnt say why they opposed it. Took him an entire day, well, were afraid of lawsuits. This is an administration doesnt have the will to correct problems that need to be corrected. Gerri unbelievable. I dont know if you remember this, but back in 2011, this particular hospital, the miami hospital, got lots of attention because they contacted 2500 vets who were told that their colonoscopyies were performed with improperly cleaned equipment. So the head of the hospital was forced to resign. This time not even that much has been done. Not even that much has been done and someone is dead. What should happen next . Certainly if those claims can be borne out, if all those end up being true, certainly you have to fire not only the head of the hospital, the chief of staff, but everybody in leadership, has to be cashiered. This is not something we can tolerate. There was another report, a separate report about a surgeon who sent an email to the chief of staff complaining about a preventable death related to a lag in getting the proper equipment. This is just recently. So it appears that the miami va is loaded with problems and, certainly this will not be the last we hear of this particular facility. Gerri well, there is no time like memorial day to put the pedal to the metal. And get this issue fixed. It can be done. And turn the page on this, this is awful. Amen. Steve, thank you for coming on and happy holiday. You too. Gerri have a great weekend. Dont miss our show on tuesday. Well have on miami va whistleblower you just saw, detective thomas fiore. He will be on the show talking about that very issue. He is speaking out on corruption going on in miami. Just ahead, important Financial Advice for our military. Advice frankly we can all benefit from. Also another frightening midair collision, the fourth one we heard of just this beak and all of this before before one of the busiest travel days of the year. What is happening in our skies . Well ask the important questions next. My dad has aor afib. Brillation, he has the most common kind. Its not caused by a heart valve problem. Dad, it says your afib puts you at 5 times greater risk of a stroke. Thats why i take my warfarin every day. But it looks like maybe we should ask your doctor about pradaxa. In a clinical trial, pradaxa® Dabigatran Etexilate mesylate . Was proven superior to warfarin at reducing the risk of stroke. And unlike warfarin, with no regular blood tests or dietary restrictions. Hey thanks for calling my doctor. Sure. Pradaxa is not for people with artificial heart valves. Dont stop taking pradaxa without talking to your doctor. Stopping increases your risk of stroke. Ask your doctor if you need to stop pradaxa before surgery or a medical or dental procedure. Pradaxa can cause serious, sometimes fatal, bleeding. Dont take pradaxa if you have abnormal bleeding or have had a heart valve replaced. Seek immediate medical care for unexpected signs of bleedin