Stock Trading Spammers Manipulating the Market

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Stock Trading Spammers Manipulating the Market

08-26-2006, 01:08 PM,

Post: #1

Kristijntje Offline

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Stock Trading Spammers Manipulating the Market

Quote:Spam messages that tout stocks and shares can have real effects on the markets, a study suggests.

E-mails typically promote penny shares in the hope of convincing people to buy into a company to raise its price.

People who respond to the "pump and dump" scam can lose 8% of their investment in two days.

Conversely, the spammers who buy low-priced stock before sending the e-mails, typically see a return of between 4.9% and 6% when they sell...

full article: http://news.bbc.co.uk/2/hi/technology/5284618.stm

Al draagt een aap een gouden ring, het is en blijft een lelijk ding

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