Spam strategy

[Traveler]

Here's an idea for discussion. Everytime you get a spam touting some piece of garbage, go and short the stock. Do it repeatedly, but don't use leverage so you can hold them to zero.

I get these crap emails all the time. I'm convincedd 100% of them are pump and dump scam stocks.

Traveler

 

[infolode]

Quote from Traveler:

Here's an idea for discussion. Everytime you get a spam touting some piece of garbage, go and short the stock. Do it repeatedly, but don't use leverage so you can hold them to zero.

I get these crap emails all the time. I'm convincedd 100% of them are pump and dump scam stocks.

Traveler

Pssst...hey buddy! Buy this company's products.to the moon

 

[crazyveddie]

But most of the spam stocks will not be shortable per short sale rules.

 

[mail2smitty]

A study on this:
http://cyber.law.harvard.edu/stockspam/public/index.php

 

[swisstrader]

.

 

[Traveler]

I figured getting a locate on them would be hard. Maybe there is a prop broker dealer willing to bend the naked shorting rules.