Do you receive SPAM on Hot Stocks?
Aug 22nd, 2006 by AhYap
Viagra is always the winner of SPAM in my mailbox. Reason for such SPAM are obvious, they want to sell their viagra pills. They want to make money from you.
One exception is SPAM that contain viruses and trojans. Their purpose is not to sell you anything but to infect your computer with virus.
However I couldn’t understand why I am receiving so much SPAM on stocks, which usually give you hot tips on which stock to buy. They are not selling anything or trying to infect you with virus.
The only reason that make sense to me is that they are syndicates who try to make money via the recommended stock. They want to move the stock by creating news (using SPAM).
What I want to show you is the SPAM Stock Tracker. A guy named Joshua processed 4,272 SPAM stock emails and compiled an investment portfolio by following all the hot-tips. The result is amazing. Total investment would be $69,010.00 and you will lose $45,794,70. That’s 66.4% lost!
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Davis Freeberg wrote:
Given your past interest in stock spam, I thought that you might get a kick out of this. Over the last few years, the business press has quietly been advertising penny stocks to their readers. When the ads run, the stock runs up and long term investors get burned on the way down. I took a closer look at IBD’s investment ads on the “corporate news” section of their site and found that had you taken their advice on each one, you would be down at least 49%.
Forbes and IBD was willing to comment for my blog post, but “Dumb Money” and “Business Weak” apparently decided it was best not to return my emails. I hope that you find this of interest.
Penny Stock Advertisement
Regards,
Davis
my office banned any emails with gifs