Pump-and-dump spam
We all get lots of spam. I junk all of it that I get... except for the pump-and-dump scams. You know, the ones that recommend stocks. I ignore the main text of the email. I love reading the disclaimers at the bottom.
Why do they bother when most spammers don't care? While violating laws like CAN-SPAM will get the FTC mad at you, they're essentially toothless, and overworked to boot. But violating securities laws is an incredibly bad idea, because then you'll get the SEC on your back. And they will hunt you down and kick your ass. And then fine you. A lot of money.
Hot Stocks-Investor ALERT!!!
SYMBOL: CGKY
Timing is everything!
Profits of 300-400 % EXPECTED
TRADING SYMBOL: CGKY
Opening Price: $.16
10 Day Target: $.60
Well, it's not CGKY any more.
LAS VEGAS--(BUSINESS WIRE)--Aug. 3, 2005--Carnegie Cooke & Company, Inc. (CGKY.PK)
This is an actual press release. That's not hard, you just have to pay enough. And here we see that the ticker changed from CGKY to CGKY.PK. That's actually very important to know. That means that the company managed to get itself de-listed.
[... snip content ...]
Disclaimer:
Information within this email contains “forwardlooking statements” within
the meaning of Section 27Aof the Securities Act of 1933
Section 27A gives a safe harbor to certain “forward-looking statements”.
and Section 21B of
the Securities Exchange Act of 1934.
21B is about penalties if you violate 27A.
Any statements that express or involve
discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, goals, assumptions or future events or
performance are not statements of historical fact and may be “forward
looking statements”. “Forward looking statements” are based on
expectations, estimates and projections at the time the statements are made
that involve a number of risks and uncertainties which could cause actual
results or events to differ materially from those presently anticipated.
Forward looking statements in this action may be identified through the use
of words such as “projects”, “foresee”, “expects”, “will”, “anticipates”,
“estimates”, “believes”, “understands” or that by statements indicating
certain actions “may”, “could”, or “might” occur. Risk factors include
general economic and business conditions, the ability to acquire and develop
specific projects, the ability to fund operations and changes in consumer
and business consumption habits and other factors overwhich the company has
little or no control.
The scary part is that this could have been taken from almost any financial statement.
The publisher of this newsletter does not represent
that the information contained in this message states all material facts or
does not omit a material fact necessary to make the statements therein not
misleading.
We will lie to you by omission, and admit it to your face.
All information provided within this email pertaining to
investing, ST0CKs, securities must be understood as information provided and
not investment advice.
Any reasonable person reading the first half would hardly agree. Just because it is said after the fact doesn't make it so.
The publisher of this newsletter advises all readers
and subscribers to seek advice from a registered professional securities
representative before deciding to trade in ST0CKs featured within this
email.
Yeah.
None of the material within this report shall be construed as any
kind of investment advice or solicitation.
The previous line of “GET IN NOW!!!” obviously isn't advice or solicitation, then.
Many of these companies are on
the verge of bankruptcy. You can lose all your money by investing in this
ST0CK.
Incredibly-blunt honesty.
We urge you to read the company's SEC filings now, before you invest.
I challenge you to find the SEC filings for this company. I can't.
The publisher of this newsletter is not a registered invstment advisor.
Subscribers should not view information herein as legal, tax, accounting or
investment advice.
No, they're spammers.
In compliance with the SecuritiesAct of 1933, Section
17(b), The publisher of this newsletter is contracted to receive six hundred
thousand free trading shares from a third party, not an officer, director or
affiliate shareholder for the circulation of this report.
Section 17(b). It's illegal to publicize a company without telling how much you were paid. And 600,000 shares? At 18¢ each? That's $108,000. However, how are they supposed to cash out? The average daily volume is only 120,000. They couldn't ditch their bribe without flooding the market.
Be aware of an
inherent conflict of interest resulting from such compensation due to the
fact that this is a paid advertisement and is not without bias.
If you're stupid enough to invest in penny stocks like this, you're dumb enough to not care.
The party
that paid us has a position in the ST0CK they will sell at anytime without
notice. This could have a negative impact on the price of the ST0CK, causing
you to lose money.
Translation: This is a pump-and-dump scam.
All factual information in this report was gathered from
public sources, including but not limited to SEC filings, Company Websites
and Company Press Releases. The publisher of this newsletter believes this
information to be reliable but can make no guarantee as to its accuracy or
completeness. Use of the material within this email constitutes your
It really just ends like that, without giving any