* * * * *

                            Tracking Spam Stock II

When I wrote about the stock spams [1] last night, I had absolutely no
examples to give. But lo', I didn't have to wait long—over night I received
sixteen examples, most of them reading like:

> **From:** cristi Astley <[email protected] [2]>
>  **To:** (one of my domain contact email addresses)
>  **Subject:** H0t Pick Witth Results!_unsprayed
>  **Date:** Thu, 06 Oct 2005 01:41:50 -0600
>
> cristi_dryad
>
> WallStreet Profit Picks IGTS . PK
>  For This Weeks Mover!
>
> First we would like to say Thank You to all of our avid readers! We have
> had great success over the last few months and have become one of the most
> wide|y read investment newsletters in the wor|d. We have accomplished this
> by providing timely, accurate financial information with proven results and
> great returns 250 to 600 percent on every pick!
>
> Ticker:_IGTS. Pk
>  Last_Trade:_. O1
>  Projected_Price:_. 20
>  Return_Level:_Very_High
>
> Intelligent Sports taps into national franchise company, LMM Group, Inc.,
> to set the framework for expanding nationally …
>
> Watch IGTS . PK trade All Week Long Starting today, Be sure to get in on it
> and have a great payday with our other members, before the company launches
> a huge promotion at the end of the week! This Friday coming up the company
> will be launchig a massive marketing campaign with more great news to be
> released and next week should be over 15 to 25 cents so get in now at one
> cent and have a great return!
>
> xeroxed worthier starving free
>  painless,
>
> pierce undoubted thinnish nonzero
>  peruvian.
>

Lots of hype. Lots of spammy influences too.

So, out of these sixteen spams I got today, only four different stocks were
being hawked. I checked them out and made a few guesses as to when the
spammers may have bought the stock (I assumed the lowest price during the
past five days).

Table: Spam Stocks being hawked this week
Symbol  # spams received        Price quoted in spam    Closing price today     Possible Spammer price  High over past five days
------------------------------
CWTD.OB [3]     7       2.03    2.10    1.95    2.15
ASCE.PK [4]     2       0.80–0.90     0.85    0.75    0.90
CEOA.PK [5]     6       3.00    3.05    2.75    4.10
IGTS.PK [6]     1       0.010   0.021   0.006   0.024
0.016   0.021

That last stock, IGTS.PK, had two spikes in the past five days, so for that
one, I'm including both spikes. Also, it's that last one that offers the most
profit of all the stocks, simply because of the sheer volume of stock one can
get cheaply.

Table: Hypothetical profits from each stock, buying at most $1,000.00 worth of each
Symbol  # Shares        Buy cost        Sell amount     Profit
------------------------------
CWTD.OB 512     998.40  1,100.80        102.40
ASCE.PK 1,333   999.75  1,199.70        199.95
CEOA.PK 363     998.25  1,488.30        490.05
IGTS.PK 166,666 1,000.00        3,999.98        2,999.98
62,500  1,000.00        1,312.50        312.50

So, buy some cheap penny stocks, send out a few million spams and wait a day
or so for the price to rise, then sell. Two or three trades a week and you
can make a decent living it looks like.

Until that is, the SEC (Securities and Exchange Commission) [7] comes
knocking. Or the IRS (Internal Revenue Service) [8]. Or the net.cops.

I'll be interesting to watch these stocks over the next few days to see what
happens.

[1] gopher://gopher.conman.org/0Phlog:2005/10/05.3
[2] mailto:[email protected]
[3] http://finance.yahoo.com/q?s=cwtd.ob
[4] http://finance.yahoo.com/q?s=asce.pk
[5] http://finance.yahoo.com/q?s=ceoa.pk
[6] http://finance.yahoo.com/q?s=igts.pk
[7] http://www.sec.gov/
[8] http://www.irs.gov/

Email author at [email protected]

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