This SPAM model has been going on for a good while...
When I first found out about it, I couldn't help but think it would be good to catch as much such SPAM as possible. On detection of a new stock buy that stock ASAP, actually going along with the SPAMer but be sure to sell before the spammers.
I'm currently unsure how immoral that would be!
(BTW: Your column to the right displays over the top of the message entry box in Safari 3.0.3 on a Mac)
Zhasper
· 2 years ago
It's not new. It even had a movie made about it in 2000 - look for "Boiler Room" on IMDB.
your right hand nav displays over the oversized text entry field in Firefox too.
David
· 2 years ago
Not remotely new, but interesting in 2 ways:
1. There's no need for a money trail leading from spam to spammer
2. A spammee needn't trust the spammer to benefit him.
Here's how this works: A gullible person (let's call him Adrian) reasons as follows: * I know this is a scam * ...but I know a lot of people will fall for it * so the stock price will rise * I'm more alert than most * so I will be buying before the rise, and can profit
This is, I think, quite elegant psychology: like all the best scams, the victim effectively cons himself.
BTW: the right-hand column also obscures the reply textbox in Firefox 2.0.
David Precious
· 2 years ago
As others have said, "pump and dump" spam certainly isn't new, but it's annoying.
I'm getting a fair few messages over the last week or so from someone who doesn't seem to have configured their spamming tool properly... it just has placeholders like:
All Comments
When I first found out about it, I couldn't help but think it would be good to catch as much such SPAM as possible. On detection of a new stock buy that stock ASAP, actually going along with the SPAMer but be sure to sell before the spammers.
I'm currently unsure how immoral that would be!
(BTW: Your column to the right displays over the top of the message entry box in Safari 3.0.3 on a Mac)
your right hand nav displays over the oversized text entry field in Firefox too.
1. There's no need for a money trail leading from spam to spammer
2. A spammee needn't trust the spammer to benefit him.
Here's how this works: A gullible person (let's call him Adrian) reasons as follows:
* I know this is a scam
* ...but I know a lot of people will fall for it
* so the stock price will rise
* I'm more alert than most
* so I will be buying before the rise, and can profit
This is, I think, quite elegant psychology: like all the best scams, the victim effectively cons himself.
BTW: the right-hand column also obscures the reply textbox in Firefox 2.0.
I'm getting a fair few messages over the last week or so from someone who doesn't seem to have configured their spamming tool properly... it just has placeholders like:
Muppets! :)