igotspam
Stock spam works no more
Filed in archive Spam News by Ivy on November 22, 2006
Stock spam works no more
Thanks to our gods, spammers are no longer making money on dreaded stock pump-and-dump spasm (like the one on the photo, I received it only today), so we are sure it will soon stop.

The Register writes after watching the pump-and-dump spams closely for some time:
"Over the weekend another tidal wave of stock spam arrived. The Great American Food Chain (GAMN) would profit a 330 per cent gain, the spam promised, but instead the stock nosedived 11 per cent. Inflot Holdings Corp gained only 25 per cent, but still trades at just $0.01 Stellar Resources (SRRL) climbed five per cent to $0.90 from $0.85. You need a lot of volume to make money from such small gains.
There is another aspect the scammers forgot to realise: there may be millions of people willing to order Viagra from shady websites, but investors willing to make a habit of buying spammed stocks and losing money are certainly in short supply."

I surely hope those horrible Russian spam-mobsters lost some serious money on pump-and-dump scams.

Permalink: Stock spam works no more
Tags: pump+and+dump  stock+spam  russian+spam  stock  trade+spam  spam  works+more  spam+works 
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/43348
img Addthis img Ask img Blinklist img del.icio.us img Digg img Fark img Facebook img Google img Lycos img Ma.gnolia Add this page to Mister Wong Mr Wong img Netscape img Netvousz img Newsvine img Reddit img StumbleUpon img Slashdot img Tailrank img Technorati img Wink img Yahoo

Vote for Stock spam works no more:

  • Currently 6.50/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 6.50 out of 4 vote(s) cast.
Subscribe
Share It
RSSrss
See all blog subscribe options
Google google
What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter

TwitterFollow us on Twitter!