Boiler Room (2000)

Taylor Nichols: Harry Reynard

Photos 

Quotes 

• Seth Davis : [Over the phone]  Should I send the confirmation to your business or your home?

  Harry Reynard : I need to talk to my wife first.

  Seth Davis : No, you don't need to do that.

  Harry Reynard : You're at work right now aren't you?

  Seth Davis : So what do you do for a living?

  Harry Reynard : I'm a purchasing manager at a gourmet foods company.

  Seth Davis : Does part of your job involve making decisions?

  Harry Reynard : Of course.

  Seth Davis : So when you're making one of these decisions, do you call your wife and ask her what you should do?

  Harry Reynard : Of course not but that's a little different.

  Seth Davis : Different? How is that different? it's your money, you earned it, besides your only investing it, I'm not selling crack here, she's only going to be happy to see you made a wise investment for the family: just think about the flip side, when your wife is shopping does she call you from Pathmark to ask you if she can use a coupon for Captain Crunch?

  Harry Reynard : That's not being fair.

  Seth Davis : I know I'm just trying to make a point here, we're not talking about a lot of money and just think what she's going to say when you bring home a big fat check because you had the foresight to see a good thing coming

  Harry Reynard : Alright let's try it.

• Seth Davis : [over the phone]  Hi harry how are you doing?

  Harry Reynard : Did you get my calls?

  Seth Davis : Yeah, sorry it's just been crazy around here

  Harry Reynard : What the hell is happening with Farrowtech? It's down five points since I bought it, I think I should sell it

  Seth Davis : You want to sell now? You don't make money buying high and selling low

  Harry Reynard : So what's going on? You tell me why we shouldn't get out now?

  Seth Davis : [before crouching underneath his desk to give Harry the impression that he has his own private office]  Alright here's the deal: I told you things will start happening in sixty days it's only been twenty so far and the situation is explosive here and I wanted to get you involved so I haven't been returning phone calls I've been busy gathering information all morning, the stock's down for tech reasons, it's still the same company in fact Farrow's been signing more contracts, it's looking like our next big one here, it just came off the restricted list and its already up a point. I'm advising all my clients to get in on this and heavy.I also have a bullet on a couple days ago Dan Dorfman on CNBC put a heavy buy recommendation on Farrowtech, this is going to be off the record. I just called a broker friend of mine that works at another firm and had him pick me up fifty thousand shares under my sister in law's name, I'm going to put all my kids through college with this stock I have a thousand more phone calls to make because I have to call every one of my clients and give them the same opportunity, you remember when we first spoke? I told you this firm has six or seven great ideas a year? This is one of those ideas. I remember you saying you want to buy a house right?

  Harry Reynard : Yeah

  Seth Davis : How would you like to pay for it tomorrow? In cash

  Harry Reynard : All I have is the fifty thousand from our savings account

  Seth Davis : What's it going to be?

• Seth Davis : [Over the phone]  You got a call from an associate broker of mine and I wanted to know if you enjoyed the information we sent you?

  Harry Reynard : What information?

  Seth Davis : If you get as much mail as I do you'd probably brush it to the side but more importantly we made a commitment to get back to you. I'm presenting you with a business opportunity that I think you'll find very interesting

  Harry Reynard : I'm not really in the market right now.

  Seth Davis : Tell me, are you married? Are you happy?

  Harry Reynard : Actually I've been married for ten years.

  Seth Davis : [lying to make him seem more relatable]  That's great, six years for me, are you playing the market at all?

  Harry Reynard : I don't know about "playing" but I do own some blue chips that were wedding gifts from our friends in New York.

  Seth Davis : Well, we have an explosive situation going on right now pharmaceutical company Farrowtech has a drug called Paratin in the third stage of FDA approval.

  Harry Reynard : What's the deal?

  Seth Davis : That's a good question and this is the best part: it helps premature babies develop properly.

  Harry Reynard : That sounds like good drug.

  Seth Davis : It is, tell me what have those blue chips done for you since you got married?

  Harry Reynard : Not that much really.

  Seth Davis : We deal with stocks that really "move." I'd like to show you what I mean on a relatively small investment.

  Harry Reynard : I can't really buy anything right now because my wife and I are getting ready to buy a house and we're trying to save every last penny.

  Seth Davis : Look, I don't care how much stock you pick up, I just want you to test me out. I want you to judge you on the percentages I show you obviously if I show you thirty or forty percent you're going to be pretty excited about my next idea right?

  Harry Reynard : Yeah

  Seth Davis : Of course you would you'd be handing out my business cards wouldn't you? Do this, pick up a hundred shares it's the absolute firm minimum if I show you three or four points on the trade it's not going to make you rich, on the same token if the stock doesn't go anywhere you're not going to be standing outside your store with a cup in your hand.

  Harry Reynard : That's true.

  Seth Davis : The true is I can sell you a lot more stock than just a hundred shares and feel completely comfortable about the trade but I'm asking you to start small just to prove what I can do for you.

  Harry Reynard : Alright let's try it.