Flutterby™! : 13 year old hyping stocks

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13 year old hyping stocks

2000-09-22 23:14:14+00 by Dan Lyke 3 comments

Ya know those annoying spams you get about penny stocks being undervalued and going up? Some of them came from a New Jersey 14 year old who's repaying a quarter million in profits from such hyping. The SEC says no one's stepped forward claiming to be a victim, I guess publicly identifying yourself as that stupid would be too humiliating, even if it did involve moderate amounts of money.

[ related topics: New Economy ]

comments in ascending chronological order (reverse):

#Comment made: 2002-02-21 05:30:19+00 by: Dan Lyke

Hey, thinking about this, I wonder if I could set up a script that'd be triggered by my procmail recipes for such spams that'd wait 24 hours and then short those stocks...

#Comment made: 2002-02-21 05:30:20+00 by: shad0w

Definitely not. Absolutely not. MAYBE I'd consider something that'd ALERT me to rapid rises in stocks touted by emails... But what if the rumors were TRUE? I might lose my shirt.

#Comment made: 2002-02-21 05:30:20+00 by: Dan Lyke

Well, stocks aren't about individual picks, they're about strategies in the aggregate, and while I can imagine a spammer screwing up occasionally, in reality nobody's going to spam people with good stock tips, if they really knew they'd keep it to themselves.