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Buy Low, Spam High

An anonymous reader writes "A recent study on spam has revealed that spammers see a return between 4.9% and 6% when selling stocks they have bought low and spammed the world with." From the article: "The researchers say that approximately 730 million spam e-mails are sent every week, 15% of which tout stocks. Other estimates of spam volumes are far higher. The study, by Professor Laura Frieder of Purdue University in the US and Professor Jonathan Zittrain from Oxford University's Internet Institute in the UK, analysed more than 75,000 unsolicited e-mails. All of the messages touting stocks and shares were sent between January 2004 and July 2005."

3 of 159 comments (clear)

  1. Stupid scammers... by eln · · Score: 5, Funny

    The stocks they pick are always crap. Unlike XFGW, that sucker is ready to POP! I'm talking 30,000% return in just a few months! Yah, baby!

    1. Re:Stupid scammers... by B11 · · Score: 3, Funny

      I'd invest in XFGW, but I have my money tied up in helping a former government minister in Nigeria get his millions out of a bank.

      --
      insert inflammatory anti-microsoft comment here
  2. I predict this story will go through the roof! by ScentCone · · Score: 2, Funny

    It's set to explode!

    Will it be a big mover?

    Don't let the inside investors beat you to it!

    Ugh. It simply astonished me that language like that, which is repeated over and over again, verbatim, moves enough people to bid up stocks to the point that someone can actually see gains that matter enought (without getting them arrested instantly).

    Amazing. But, 4%? Unless you're doing a LOT of it, couldn't you just mow lawns or something and make the same money while also being less fat?

    --
    Don't disappoint your bird dog. Go to the range.