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 Spam or Scam?

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MisterHobbs
419Eater is my life


Joined: 25 Jul 2007
Posts: 293
Location: In Diana now. Miss Ouri later.


PostPosted: Tue Aug 28, 2007 7:09 pm Reply with quoteBack to top

In the past year, I have gotten several emails like the one below from many email addresses. They all get past my spam filter.

There are no links, no directions on what to do, no one asking for a reply, nothing.

I just ignore them all.

Now that I have been baiting, I am more suspicious about it. Can anyone tell me about this? Is someone posing as a broker hoping I will reply asking for info, and then I will be asked to 'invest' in this stock? Thanks!

Return-Path: <[email protected]>
Delivered-To: [email protected]
Received: (qmail 57649 invoked by uid 0); 28 Aug 2007 18:49:34 -0000
Received: from unknown (HELO mpls-mf-13.inet.qwest.net) (207.109.18.205)
by mpls-mailin-09.inet.qwest.net with SMTP; 28 Aug 2007 18:49:34 -0000
Received: from outbound.red-usa.com (unknown [63.88.170.59])
by mpls-mf-13.inet.qwest.net (Postfix) with SMTP id CD64B763C6F
for <[email protected]>; Tue, 28 Aug 2007 18:49:33 +0000 (UTC)
Received: from glq ([130.41.57.75])
by outbound.red-usa.com (8.13.3/8.13.3) with SMTP id l7SIouiW044180;
Tue, 28 Aug 2007 14:50:56 -0400
Message-ID: <[email protected]>
Date: Tue, 28 Aug 2007 14:48:38 -0400
From: <[email protected]>
User-Agent: Thunderbird 2.0.0.6 (Windows/20070728)
MIME-Version: 1.0
To: [email protected]

Quote:
Subject: The News Everyone has been waiting for.

Hot News Finally Hits On ERMX, And It Was Worth The Wait.

EntreMetrix Inc. (ERMX)
$0.089 UP 11.25%

ERMX Acquired Gladiator Challenge. With over 200 recent events, it is
mixed martial arts biggest promoter. One of the first steps in ERMX's
over all plan of Asset expansion to increase dividend opportunities.
Read the release and get all over ERMX Tuesday!

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OxygenDeprived
Baiting Guru


Joined: 05 Mar 2007
Posts: 4138
Location: Crushing Lad's spirits, one at a time...


PostPosted: Tue Aug 28, 2007 7:13 pm Reply with quoteBack to top

Just spam.

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gargstang
Master Baiter


Joined: 01 Jun 2007
Posts: 139
Location: Around the way


PostPosted: Tue Aug 28, 2007 7:16 pm Reply with quoteBack to top

Spam intended to creat excitement over penny stocks usually for someone to profit. The stocks are always junk.
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MisterHobbs
419Eater is my life


Joined: 25 Jul 2007
Posts: 293
Location: In Diana now. Miss Ouri later.


PostPosted: Tue Aug 28, 2007 7:46 pm Reply with quoteBack to top

Thx, thought I'd check to make sure. I guess becoming a baiter has made me a slight bit more paranoid! Rolling Eyes

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LaBrea
Elite Baiter


Joined: 04 Aug 2007
Posts: 1355
Location: Yet another hotel


PostPosted: Tue Aug 28, 2007 7:49 pm Reply with quoteBack to top

I get those a lot- they're spam. Usually penny stocks- just plain junk.
Each one is guaranteed to appreciate 300% in 9 months Wink
Usually if you can find the stocks listed on smaller exchanges, eg., Canadian, and the email is NOT asking you to buy shares via WU:wink: - they're just spam.


Regards,

LaBrea

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Gleep
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Joined: 14 Aug 2007
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PostPosted: Tue Aug 28, 2007 7:55 pm Reply with quoteBack to top

I would call it a "scam" in the sense that many of these email-hyped penny stocks are vehicles for pump-and-dump schemes. Although the promoters are not asking you to send them money directly, they are encouraging you (and lots of others) to put your hard-earned money in this HOT stock. If enough "investors" buy in and drive the price up, they can dump their shares at a huge profit and leave all those suckers holding an empty bag. Seen it happen many times.

BTW, pump-and-dump schemes are also illegal (and, therefore, a scam) but difficult to prove.

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bohigal
Baiting Guru


Joined: 01 Aug 2007
Posts: 7227
Location: Epstein's Delicatessen


PostPosted: Tue Aug 28, 2007 7:56 pm Reply with quoteBack to top

You might see these microcap frauds referred to as Pump-n-Dump schemes.

edit: late by a few seconds ^^^

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ParaNoid
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Joined: 12 Sep 2006
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PostPosted: Wed Aug 29, 2007 10:55 pm Reply with quoteBack to top

As Tommo Shanter would say, Pump and Dump is like... Shocked

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