Avoid These Stocks Like the Plague

Special to FreeRepublic ^ | 22 May 2006 | John Armor (Congressman Billybob)

[Congressman Billybob]

I'm sure I state a complaint that most (all) Freepers have also experienced. I just decided to use my column as a soap box against these scammers.

John / Billybob

[cbkaty]

Seems that there is money to be made in a email filter that actually works... I'd buy one...

[DB]

Bump for later read.

[Calpernia]

pump and dump

[nickcarraway]

Welcome to the digital boiler room!

How many people actually buy these things based on an email with a nonsense headline?

[Ben Mugged]

Any company that allows its name to be advertised via spam deserves to be boycotted. Yes and that includes Viagra.

[Alberta's Child]

I've experienced a couple of cases involving a different type of stock swindle . . . A person calls on the phone when you're not home and leaves a personal message for someone you've never heard of (which leads you to believe they simply had the wrong number). The message contains a veiled reference to a "hot stock" -- usually a company that the person leaving the message claims to be working for. The message goes something like this . . .

"Hey Sally, it's Kim -- just wondering what's up with you. I gotta cancel our dinner plans for tomorrow, since I'm working on a new project for So-And-So Corp. that really looks like it's going somewhere, and I'll be in the office late reviewing the sales projections, yada-yada-yada. Call me tonight and I'll tell you all about it!"

[SteveMcKing]

There really ought to be a managed investment plan for conservatives, something in the billions that can be used for political muscle. Democrats have the entitlement state to use on their side, basically the whole government.

[Slings and Arrows]

I'd never touch an spammed stock - I'm too busy helping Dr Mbombo Obutu of Nigeria with a GUARANTEED SAFE TRANSACTION that will make me $$$!!!

[GSlob]

Well, an active filter - [treating everything as spam, and filtering EVERYTHING off, save what you manually instruct it to pass] could work.

[OpusatFR]

This may be harsh, but for anyone to invest without due diligence is courting disaster.

Greed over responsibility...

Ya gets what ya deserve sometimes..

[A message]

Go get em John.

I get these spams all the time.

We should be able to file a class action for all the worn out finger tendons as a result of having to hit the delete button.

[XBob]

8 - "There really ought to be a managed investment plan for conservatives,"

interesting idea, please expand.

[Publius6961]

Seems that there is money to be made in a email filter that actually works... I'd buy one...

The most efficient email filter is the educated human brain. Look at the following subject lines quoted in the article, and take a wild guess what gives them all away...

pumice acutely
Right hand man
Amass
Deduction oversee
single ruinous
steering deportation

All are subject lines and all are random words strung together that have absolutely no meaning.
It is obvious that they were chosen by people who have no grasp of the English language.

Why would anyone think there is anything honest about such a non-sensical email?

[Jeff Chandler]

The only way to beat the spam parade is to use a separate email address for all online purchases, registrations, etc., and never allow your business or personal email addresses to be coded on a web page unencrypted.

[Bahbah]

I deleted about 10 of these this morning from my bulk email. I never even open them. If it sounds to good to be true....

[Larry Lucido]

Deep Earth Resources, Inc., with a “Current Price of $0.008" and a “Short Term Target Price of $0.07.” That’s not a misprint. This stock is less than a penny.

I can afford one share. Send my $0.062 profit to my home address.

[jdm]

These are pretty good (been following this guy's stocks since December 2005, and he's spot on about 8 out of 10 times):

http://smartstockinvestment.blogspot.com/

http://pennystockpick.blogspot.com/

[Jeff Chandler]

I never even open them.

Good practice.

[Izzy Dunne]

I started getting these about 4-5 months ago. I just put my Junk Mail Preferences back to "training" for a week, and now they go directly where the belong, in the JUNK MAIL folder.

The down side is that I've missed 15-20 winning Euro-Lottery drawings in that same time...