St@ck M4rket tips, classic or Dud or but Why?

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Like you, I'm sure, I get a load of spm messages relating to "Hey Buy this stock Thursday Morning, it'll go through the roof" type messages.

My question is, why do they do this? Is it a simple matter of "not buying, but checking to see if it did or not"?

I did work in stock trading systems about five years ago, and even did a bit of studying this sort of thing for Economics o-level, but that was a long time ago.

― mark grout (mark grout), Thursday, 16 November 2006 12:54 (nineteen years ago)

http://www.sec.gov/answers/pumpdump.htm

i'd be more likely to open those emails if they had names of people i knew and not, say, Lamont or Sherman or Shanna.

― Koogy Yonderboy (koogs), Thursday, 16 November 2006 13:04 (nineteen years ago)

That's what I thought, re that link.

But I get quite consistent ones, and I can't be bothered to check what actually happened to the stock prices. For this reason, I'd never do this.

Surely this depends on a person going "Wow, I must do this" the first time he gets a message and following the instruction precisely.

― mark grout (mark grout), Thursday, 16 November 2006 13:23 (nineteen years ago)

'pump and dump' sounds like something you'd find on urbandictionary.com

― ken c (ken c), Thursday, 16 November 2006 13:26 (nineteen years ago)

Perhaps whenever you got this spam you could short the stock in question and make millions?

― === temporary username === (Mark C), Thursday, 16 November 2006 13:26 (nineteen years ago)

GENIUS

― ken c (ken c), Thursday, 16 November 2006 13:32 (nineteen years ago)

I checked the prices of a couple, just to see what was going on. In both cases, the share price had dropped badly over the previous year (one was from around $3 down to $0.70), but on the day the spam advised to buy, they did rise something like 10%. This information was of no use to me.

― Eyeball Kicks (Eyeball Kicks), Thursday, 16 November 2006 13:33 (nineteen years ago)

ok, here's one louise and langdon and, no doubt, a bunch of other people has just sent me:

TheSubway com Post its Hot Stock List and MPRG is on it as New Movie Hits VH1!

Company: The Motion Picture Group
Symbol: MPRG
Price: $0.25
3 Day Target: $1.00
Status: Strong Investment

The Motion Picture Group's (MPRG) New feature film staring Keifer Southerland, has launched on VH1 and will be airing at Key hours over the next several weeks.

Keifer Southerland stars as Jack Bower in the Hit TV show "24". MPRG is formed by a group of producers that have been a part of some of the last decades hottest films.

Its no wonder MPRG has hit the Hot Stock List. The price is at $0.25 but it wont stay there long. The new film Airs this weekend on VH1. Grab MPRG first thing Thursday morning this one is sure to go through the roof!

and here's the info:
http://uk.finance.yahoo.com/q?s=MPRG.PK

(which is showing the quoted price, currently 0.25$)

― Koogy Yonderboy (koogs), Thursday, 16 November 2006 13:39 (nineteen years ago)

Current projects include Autobahn and Untitled Dakota Fanning Project: "A drama set in the American South, where a precocious, troubled girl (Fanning) finds a safe haven in the music and movement of Elvis Presley." IMDb pro doesn't have any info about a project starring Kiefer Southerland (sic).

― === temporary username === (Mark C), Thursday, 16 November 2006 13:48 (nineteen years ago)

Actually, it does, this is the film in question: I Trust You To Kill Me, I looked it up last week because it seemed so strange.

― Andrew Farrell (afarrell), Thursday, 16 November 2006 14:07 (nineteen years ago)

also:

> New feature film staring Keifer Southerland, has launched on VH1

VH1 not really known for its feature films...

oh, actually: http://www.comingsoon.net/news/movienews.php?id=13813

"In the company's first feature film, Kiefer Sutherland, star of the hit TV show 24, takes his independent record label act, Rocco DeLuca & the Burden, on its first international tour. From Tokyo to Los Angeles, London, Dublin, Reykjavik and Berlin, this rockumentary film..."

(rockumentary, if you will...)

― Koogy Yonderboy (koogs), Thursday, 16 November 2006 14:13 (nineteen years ago)

BTW, I can't find the article right now, but someone did a fairly good study of whether you can "ride the wave" on these pump/dump scams, i.e. - buy the day of the spam e-mail assuming a bunch of others will too and then dump along with the scammer and cash in. It doesn't work very well, because you never actually know where you are in the spam/dump cycle and when it's going to be dumped and tank.

― A-ron Hubbard (Hurting), Thursday, 16 November 2006 14:18 (nineteen years ago)

That's the exact one I got, which prompted this thread, Koogy!

― mark grout (mark grout), Thursday, 16 November 2006 14:57 (nineteen years ago)

Price: $0.25
3 Day Target: $1.00
Status: Strong Investment

Value sure to quadruple in 3 days!! Best investment on Earth!!

― Confounded (Confounded), Thursday, 16 November 2006 15:11 (nineteen years ago)

Todays Tip:
Symbol: CNPM
Current Price: Around $2.00
Projected Price: $10.40
http://uk.finance.yahoo.com/q?s=CNPM.PK

today
MPRG = $0.27 (up .02)

Guardian yesterday also said that a lot of these stocks have a minimum holding time so you can't cash in in three days time, 400% profit or not.

― Koogy Yonderboy (koogs), Friday, 17 November 2006 09:38 (nineteen years ago)

they do seem to come in daily batches. Guardian reckons is some big botnet responsible. they all seem to be getting through the various levels of spam filtering too, despite the text of each being identical.

still, at least i've stopped getting all that porn spam from Clit Eastwood...

― Koogy Yonderboy (koogs), Friday, 17 November 2006 09:44 (nineteen years ago)

this mentioned on slashdot recently - tracked a bunch of stocks over a period of time.

http://www.spamstocktracker.com/

"Total Cash Outlay: $70,987.00
Total Current Value: $14,775.00
Net Profit: -$56,212.00"

saturday's stock spam all arrived as 17k images, about 20 of them, over dial-up. sigh.

― Koogy Yonderboy (koogs), Monday, 20 November 2006 10:57 (nineteen years ago)

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