Never buy stocks promoted in spam
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Spam Works: Evidence from Stock Touts and Corresponding Market Activity[^]: "Before brokerage fees, the average investor who buys a stock on the day it is most heavily touted and sells it 2 days after the touting ends will lose approximately 5.5%. For the top half of most thoroughly touted stocks, a spammer who buys, a spammer who buys at the ask price on the day before unleashing touts and sells at the bid price on the day his or her touting is the heaviest will, on average, earn 5.79%." You're always advised not to buy from spam, because it encourages them, but you might actually get something in return for your money. In these scams, you will almost always lose money.
Stability. What an interesting concept. -- Chris Maunder
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Spam Works: Evidence from Stock Touts and Corresponding Market Activity[^]: "Before brokerage fees, the average investor who buys a stock on the day it is most heavily touted and sells it 2 days after the touting ends will lose approximately 5.5%. For the top half of most thoroughly touted stocks, a spammer who buys, a spammer who buys at the ask price on the day before unleashing touts and sells at the bid price on the day his or her touting is the heaviest will, on average, earn 5.79%." You're always advised not to buy from spam, because it encourages them, but you might actually get something in return for your money. In these scams, you will almost always lose money.
Stability. What an interesting concept. -- Chris Maunder