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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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This week's poll
The high cost of jet fuel has a lot of people staying at home this summer instead of traveling. Is there a "staycation" in your immediate future?
Yes, I just can't afford a plane ticket and/or hotel room right now.
No, I've saved up all year just to get away for a bit.
Maybe, I have to wait and see how my finances pan out.
see previous polls


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