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echo: barktopus
to: Phil Payne
from: Mike N.
date: 2006-10-24 16:41:38
subject: Re: Stock Spam

From: Mike N. 

On Tue, 24 Oct 2006 14:25:01 +0100, "Phil Payne"
 wrote:

>What's the point?  I've looked up a couple of the stocks named and two
>things come through - first the stock has usually been suspended because of
>the spam, and second it will usually decline over time.

  Spam runs are usually longer than the prime Pump N Dump period that the
original spammer wanted.    So statistically by the time you get the
E-mail, it's already been through the wash, rinse, and spin cycle.

   In some cases my theory is that spammer have no buyers for a particular
spam run.  Since they have their spamming bot network all primed to go,
they just reload some old stock spams to keep the spamming machine oiled,
generating statistics, and annoying E-mail admins.   The original spam run
buyer doesn't benefit from a free spam run at that point because the Pump N
Dump cycle is over.

  I've toyed with detecting the start of a new stock spam cycle at the end
of a day and getting in on the Pump N Dump run.   But then after the knock
at the door from the SEC, I'd somehow need to convince them that I'm not
part of the spam operation.

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