The possibility of achieving anti-Stokes stimulation and/or pumping under surface enhanced Raman scattering conditions has been the source of intense controversies in the literature. With the aim of clarifying some of the aspects of this problem, we study theoretically and experimentally the situation in a model system which highlights some of the difficulties in the interpretation of the data. We show that many of the assumptions often presumed in the literature need to be assessed with care in each case. Through careful experiments we show, in particular, that the anti-Stokes/Stokes ratio for a specific mode in the same sample can depend on the chosen laser wavelength. This latter effect is a manifestation of the influence of the internal plasmon resonances (hot spots) in the result. Different possibilities and further research directions are highlighted and discussed. (C) 2004 American Institute of Physics.