Who Actually Buys Stocks Based On Strangers Text Messaging Them?
from the and-can-we-take-away-their-mobile-phones? dept
Federal regulators are apparently so concerned about pump-and-dump spammers moving to text messages, that they've sent out a warning telling people that if you receive a text message from a complete stranger with a stock tip... it's probably not legit. This should bring up one huge question: who actually needed the SEC to tell them this? Are there really people who believe that a random text message spam on their mobile phone is actually providing them with a hot stock tip?
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What about FAXes and SPAM?
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the same morons...
I report 100% of spam via Spamcop.net. Every PayPal, eBay, bank or Amazon phishing attempt I get I take the time to report through the MSN Toolbar anti-phishing bolt-on... but still the tide of crap keeps flowing.
Where there is an idiot, there's someone going to take advantage of them. And it seems no amount of education or publicity will out-weight peoples greed and gullibility.
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Re: the same morons...
I tend not to be all that gentle to people who send these things to me - even though I usually know them.
I usually send them a link to Snopes, a comment that verifying such a thing is a simple google search away, and didn't they think it was *just a smidgen* odd?
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stock tips
Am I wrong?
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Re: stock tips
They might even be able to sell theirs to the gullible fool who believed the spam. But in a realistic, thorough and measurable manner? No, I don't believe it could affect the price like that, no.
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People do it
In fact.. I had to change their paypal password and keep it from them so that they stop falling for those paypal email scams.
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IIRC
I agree, one would have to have the mental capacity of a box of rasin bran to act on such a "tip", but you know, greed can be a powerfull ally, for the dark side too...
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No Subject Given
Awesome project tracking these spam stocks..
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Re: People do it
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Re: IIRC
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Re: People do it
They hired him, and he is actually working. Go figure.
If they hired someone who doesn't actually work... they probably wouldn't even know it, and still sign over a paycheck at the end of each week.
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Re: the same morons...
www.cloudmark.comhttp://www.cloudmark.com/desktop/
It's an awesome little program by a company I thought of applying to out in Silicon Valley. They're a small batch of smart entrepreneurs who came up with a viral solution for stopping spam. You join their community and get an Ebay-like rating based on the number of actual spams correctly blocked and every non-spam correctly unblocked. A high rating gives each user a higher weighting in their future determinations of an email being or not. It gives no weight to people who report everything incorrectly as spam. That means that as soon as a handful of people report something as spam, those emails never hit the rest of us. Spam email signatures get blocked in minutes once the number of users hits a certain number of thousands, which was hit at least a year ago.
Give the 15-day trial a try. You install in minutes, see one or two pop-ups about how it works when you next open Outlook, and then you see a new folder called "Spam" fill up with new emails that you never have to read (unless Norton pops-up annoyingly that a virus email has been quarantined). Hardly any spam, and when you do your job to block or unblock, you help the process, and you get recognized with a higher rating. Gold star. Pat on the back. The people that buy or click on spam links should lined up and kicked in the balls. Don't even know what I would do if I met a spam sender in person.
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Re: the same morons...
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Re: the same morons...
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No Subject Given
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Idiots And Spammers
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