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Old 08-25-2006, 11:18 PM   #1
Damian_Maxcash
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Interesting article about those finacial spam emails

http://news.bbc.co.uk/1/hi/technology/5284618.stm

"Spammers manipulate stock markets"
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Old 08-25-2006, 11:24 PM   #2
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Quote:
Originally Posted by damian2001
http://news.bbc.co.uk/1/hi/technology/5284618.stm

"Spammers manipulate stock markets"
well duh... not directed at you.. instead the idiots that are only realizing and writing about it now.
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Old 08-26-2006, 07:10 AM   #3
DaddyHalbucks
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Yes, very interesting.
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Old 08-26-2006, 07:18 AM   #4
Sveindt Beindt
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Nict to knowh
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Old 08-26-2006, 07:27 AM   #5
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Not exactly accurate as far as I am aware. I have never done stock mailing, but from my discussion with those that have they are usually paid by the company in question based on a percentage of the volume of sales of that companies stock they bring in. They usually don't actually purchase the stock (as the article suggests) only to sell after it has been pumped.

I could be a bit wrong, but I have been informed that this usually means a small company wanting to sell stock has contacts with a middleman broker who than also uses email marketers (with the companies knowledge) to send out mails promoting the stock (though the companies usually try to enforce only the mailing of their positive based press releases and not pure stock pumping). Than the broker may receive 20% of the volume of sales increase bought in by him, and split it between those who he is working with. Usually large mailers team up for stock mailing, and split the money made.
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Old 08-26-2006, 07:35 AM   #6
Anthony
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Quote:
Originally Posted by Chief
Not exactly accurate as far as I am aware. I have never done stock mailing, but from my discussion with those that have they are usually paid by the company in question based on a percentage of the volume of sales of that companies stock they bring in. They usually don't actually purchase the stock (as the article suggests) only to sell after it has been pumped.

I could be a bit wrong, but I have been informed that this usually means a small company wanting to sell stock has contacts with a middleman broker who than also uses email marketers (with the companies knowledge) to send out mails promoting the stock (though the companies usually try to enforce only the mailing of their positive based press releases and not pure stock pumping). Than the broker may receive 20% of the volume of sales increase bought in by him, and split it between those who he is working with. Usually large mailers team up for stock mailing, and split the money made.
You are more than a bit wrong.
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Old 08-26-2006, 07:49 AM   #7
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Originally Posted by Anthony
You are more than a bit wrong.
Fill me in than. My biz partner tried to fill me in on it once around a year ago and this is what I took from it. I wasn't interested enough at the time to really probe for information (as I didn't want to do it myself), but still it is an interesting topic if you know a bit more information.
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Old 08-26-2006, 08:13 AM   #8
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Quote:
Originally Posted by Chief
Fill me in than. My biz partner tried to fill me in on it once around a year ago and this is what I took from it. I wasn't interested enough at the time to really probe for information (as I didn't want to do it myself), but still it is an interesting topic if you know a bit more information.
Sure, when you get a chance hit me up on icq please.
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