Quote:
Originally posted by L0stMind
hahahaha, you bought the spammed stock!
hahahahahha
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LOL!
I'm no trading expert but I have wondered before whether it's worth taking advantages of those scam emails - they spam people to drive up the share volume and price, right? If you get in early enough then you could make some nice $ within a day or two. Of course you are profiting from all of the idiots who think the stock is as hot as the email says...
I had a quick look through my spam folder and many of the stocks spammed climbed sharply upwards around the time the email was sent.
Not much point for me doing it since I'm not in the USA, trading US shares costs more in fees and the potential profits get eaten up by the falling US dollar...