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Jun 20, 2007 -- Penny stock spam e-mails

Penny stock e-mails are rampant these days. These types of e-mails are the fastest growing type of spam out there. These e-mails are all a part of the pump and dump strategy where a company or person will buy a bunch of the stock and send out these e-mails. They then hope that a fraction of the people that get the e-mail will invest in their chosen stock. Often the stock will jump for a short amount of time until it crashes back down. You are making somebody money when you are doing this but not yourself. Do not think that you are going to get rich quickly based on some insider tip, because you end up making someone else rich, and getting yourself hurt.

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