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OK let's assume they are all pump&dump. Is there not a bit of profit to
be made from them anyway? Say the spammer is talking up XYZ Baloons at
100 - absolutely guaranteed to hit 200 by the end of next week. At the
open it has probably already hit 110. Get in there and immediately put
in a limit sell for 115 on the assumption that he is going to dump at
120. I don't know what the numbers are, but presumably having a look at
a bit of history would show up a pattern and thus provide the basis for
a relatively risk free scalp trade.
Fortunately my ISP uses an excellent spam filter so I only occasionally
get to see this stuff - about one every three weeks, up from zero a year
ago. Maybe they don't bother with "foreigners" but I don't think so.
Is anyone prepared to provide the list with sharenames and "spam-date"?
Perhaps someone has already done some homework.
John R Pretorius
-----Original Message-----
From: Ray Gurke [mailto:ray@xxxxxxxxx]
Sent: 25 April 2006 20:11
To: Omega Forum
Subject: Re: Recent Spam
Yes... FWIW, this flurry of pump-and-dump scams is very similar to
intensity
of the traffic I was receiving just prior to the 2000 top in equities
...as
soon as they hit 6 a day, I plan on buying puts with both fists ;-)
----- Original Message -----
From: "CSS" <casisl1@xxxxxxx>
To: "Omega Forum" <omega-list@xxxxxxxxxx>
Sent: Tuesday, April 25, 2006 12:57 PM
Subject: Recent Spam
>I have recently begun to receive spam with "hot" trading tips on
>various companies (unknown to me). All have a similar format but
>different "from" domain names and different source IP addresses. The
>frequency of them is increasing, with two received so far today. Is
>anyone else seeing something similar?
>
> Thanks.
> Carroll
>
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