Saturday, March 10, 2007

what is stock spam?

stock spam is a form of spam intended to 'sell' a particular stock that the spammer has already invested in so that the price will go up and allow the spammer to sell his/her shares at a profit...

otherwise known as a pump and dump scheme, stock spam is unusual compared to more conventional forms of spam in the sense that there is no need to show the recipient a URL or clickable link of any kind... there is no specific vendor site which you need to go to in order to buy the stock, the spammed stock is bought where any stock is bought... this makes stock spam a prime candidate for being implemented as image spam since the image spam's lack of a clickable link won't have any negative effect on the stock spam's success...

another difference between stock spam and regular spam is that stock spammers are rarely operating on behalf of the company whose stocks they're pumping... in fact, pumping and dumping can hurt a company's stock so the companies whose stock get spammed by a stock spammer are just as much a victim of the stock spammer (if not more so) than the spam recipients...

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