10.04.05

Shorting Spammed Stocks?

Posted in Spam at 12:50 pm by Craig

Justin blogs this link. I’m often surprised by how naïve your average techie person is about financial matters, but a correlation like the one shown seems to me to indicate the ability to make a shitload of money on spammed stocks. From his numbers, you could have borrowed 1,000 shares of the listed stocks on the dates they were spammed, sold them short, and be up over $8,000 in only a couple of months, with your only investment being the vig on the borrowed stock (which would maybe amount to a couple hundred bucks over that time period). Anyone want to finance a new investment syndicate to automate this?

Permalink