Ever think about Spam?

Everyone has Spam – at least, everyone with e-mail (unless you’re John C. Dvorak), but, apart from thinking about the nuisance, did you ever give any thought to it?

Generally, I hadn’t, I don’t need a new Rolex or to have a body part enlarged, nor do I need (or want) prescription medicine. And most certainly, I do not need stock tips!

But according to a recent New Scientist article spammers are actually onto a winner with this one.

They buy, then recommend cheapo stocks. Some people apparently buy them based on spam tips and the price rises. These stocks might be purchased for $0.02 a share, and even a minor movement in price yields an enormous percentage increase for anyone holding the stock.

I can only imagine that people who buy these stocks are thinking the exact same thing – that they’ll get onboard soon enough to get make a significant profit. At least, I hope that’s their motivation and not just that they’re dumb as posts.

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