Comments on: Stock Spam: What’s the Profit Model?

By: Stock Spam

Stock Spam — Wed, 08 Aug 2007 16:35:18 +0000

Always make sure to pull up the stock spam report for any stocks before investing.

By: wanderer

wanderer — Mon, 30 Jul 2007 06:18:31 +0000

Not only do the companies whose stock is being “hyped” not profit from these activities, many of them are destroyed by these scams. As others have mentioned, it is an old scam, and it has been perpetrated by various means over the years. The scammers buy a bunch of “penny stock” in some unsuspecting small company, hype it to a bunch of greedy idiots who then run the price up, and as the price runs up, the scammers take a tidy profit. When the stock price collapses the small company has lost its reputation, stock value, and ability to survive. Some really good “up and coming” small companies, many of them family businesses that went public to raise capital, have been destroyed this way, and many lives have been ruined. Perhaps you should revise your post to reflect the fact that the companies whose stock is being touted are tragic victims, not perpetrators.

By: Sam McBeth

Sam McBeth — Sat, 28 Jul 2007 00:09:28 +0000

It is called a ‘pump and dump’. Hype a stock you own, others jump on board, you sell after it goes up, the others lose their shirts, because there was nothing behind your hype. Classic. All the rage during the internet bubble. Illegal.

By: Sean T. McBeth

Sean T. McBeth — Fri, 27 Jul 2007 19:28:14 +0000

Who would stand to profit from this? Easy, anyone who owns a large amount of that company’s stock. They don’t need to be colluding with the company to profit from it. This is just a new face on an old problem.

By: Ian

Ian — Sat, 21 Jul 2007 17:52:04 +0000

You make money on stock fax spam the same way as on email spam. http://spamnation.info/stocks/FAQ.html