< Advertising Phrases You Didn't Expect
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[Comments] (1) Stock Spam Spam: I get lots of stock spam but today I got spam advertising a stock spamming service. "We are a stock promotion company and we can promote any kind of stocks." They have two products. The first is straightforward spamming to pump a stock:

We can increase the price of your stock and we can increase average day trading volume. We can increase price up to 200-250% in 2-3 weeks and also we can increase volume by 10 times each trading day.

You pay them according to how much they jack up the stock price in one day.



Who could doubt it?

The second product I don't understand, unless it's a degenerate case of the first product. Here's the relevant part of the email:

You want to invest some money and you want to make big profits? Our company can help you in that. We know exactly which stocks will increase in price and wich will be falling down. We will give you advices and according to that advices you will make decisions. We will prove it for 1 day for free. We will tell you the price of the stock in advance and you will see that our stock promotion group works hard in order to make your investment portfolio grow.

Payment: Our price for that is 25-30% from your income. Before the deal you are telling us on which ammount of money you are buying/selling stock and we are counting the future profit and take 30% from that profit. You don't have to pay anything in advance, you pay only then you receive your profit.

So they know how stocks will go, but they want you to buy the stock instead of doing it themselves? Clearly there's spamming going on here ("our stock promotion group works hard"), but maybe they also do something with the knowledge about how much you're going to buy or sell? I don't see it.

This demonstrates that stock spamming has become a service that can itself be packaged and sold via spam. It's a little different from generic spamming services (or spam for spamming tools that you yourself sell through spam), because there's an implication that pumping stocks is hard work best left to the spamming professionals.


Posted by Josh Myer at Fri Aug 25 2006 15:52

There's another Stock Spam paper out: Spam Works: Evidence from Stock Touts and Corresponding Market Activity. Unsurprisingly, they cite your StockSpam stuff, though mostly in passing.

(The unique identifier is SSRN_ID921460_code177769.pdf, in case the above link gets b0rked at some point. Google that, and you should wind up at the right place to get the paper.)

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