MrE2u
@comcast.net
| reply to squison
Re: Missed the point...
Sure it does... its called the old PUMP & DUMP. The scammer pumps up the stock price, then dumps it FAST to make a quick buck. Don't even think these guys don't KNOW what they're doing..  |
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luddite
join:2001-09-09
Allen, TX
| reply to squison
said by squison  :I think he missed the point somewhat. Most of those stock 'tips' (which I receive plenty of) are for short-term (ie: day trading) type trades. His site shows if you held onto those stocks for long periods. That being said, most of those tips still don't work for even what they're attempting to accomplish. I agree. It would be interesting to see what the result would be to buy and sell after a set, fairly short, length of time (end of day, next day, something like that). However, there is this tidbit of anecdotal info regarding this approach from the supplied link:
>>>>>>>>>>>>
One thing to note: I thought that I would realize temporary windfalls on all penny stocks, but then see big losses. Instead almost ALL of those stocks I added went up a few cents max, then dropped like flies the next day. So much for short term gains.
>>>>>>>>>>>> |
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Kearnstd
Elf Wizard
Premium
join:2002-01-22
Mullica Hill, NJ | reply to squison
spammers make money for every spam they send, its why they depend on bots placed by viri or massive server banks in china.
--
[65 Arcanist]Filan(High Elf) Zone: Broadband Reports |
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Jim Gurd
Premium
join:2000-07-08
Plymouth, MI
 ·Comcast
| reply to squison
said by squison :That being said, most of those tips still don't work for even what they're attempting to accomplish. I find that to be the most interesting thing about this. Do the spammers even make money? It seems like the only winners are the stockbrokers who collect the commissions to trade these turkeys. |
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toddbs98
join:2000-07-08
North Little Rock, AR
clubs:  | reply to squison
Whats the big deal? Don't need any tips to lose 8700 dollars. |
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squison
join:2001-07-07
Decatur, GA
 ·AT&T Southeast
| I think he missed the point somewhat. Most of those stock 'tips' (which I receive plenty of) are for short-term (ie: day trading) type trades. His site shows if you held onto those stocks for long periods.
That being said, most of those tips still don't work for even what they're attempting to accomplish. |
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