SOT: Image Spam: Stocks

Gerard Seibert gerard at seibercom.net
Sat Mar 3 02:09:18 CET 2007


On Fri, 2 Mar 2007 19:48:09 -0500
"am.lists" <am.lists at gmail.com> wrote:

> Has anyone ever looked at the tickers that are spammed out in those
> image spam stock scams?
> 
> Just curious. I occasionally look them up to see if the "big news"
> ever comes, or if the stocks that are mentioned ever move.  I bet it
> would be interesting to track them.
> 
> I looked one up recently (the speculative one regarding fruit) and
> that stock seems to be completely stagnant.
> 
> Being the case, at least with this one, I have to wonder how it is
> that the spammers feel this is worth spending their botnets' bandwidth
> on?  No money seems to be trading hands on these issues, so no one is
> really making money, only wasting it.

There was an article in the NY Times awhile ago regarding this STOCK
SPAM phenomena. It seems that the perpetrators of these schemes actually
do make razor thin profits since they buy in before the stock is
recommended to potential buyers via SPAM.

-- 
Gerard

Hacker's Law:
	The belief that enhanced understanding will necessarily stir a
	nation to action is one of mankind's oldest illusions.
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