I got another one of those annoying penny stock spam e-mail messages today. You may be familiar with them. The usual “this stock is going to the moon” crap.
You can be be sure of one thing where these messages are concerned: The low-life scumbag that sent it stands to profit from delivering that spam to your in-box. In most cases, the sender is being paid by someone to promote the stock. That someone is poised to profit quite handsomely if the stock price rises.
Make no mistake, the sender of the spam and whoever is paying the sender to send out the spam couldn’t care less if you lose your shirt. They want the stock to move in a particular direction so they can make money.
Whoever is paying the promoter will make a lot of money because he probably already owns a boatload of this stock and bought it when the price was low. The promoter has already made out pretty well by collecting $15,000 as you can see from the disclaimer at the bottom.
With regard to the disclaimer, it looks strange not because the writer was a poor speller, but because they are using substitute characters in their words since spam filter are often programmed to block messages with certain key words in them. They hope to trick the spam filters by avoiding the exact spelling of these key words.
Why do I post these messages? It is my hope that other people who have received this same crap will do a search on one of the major search engines, locate this article and get the real story behind these messages.
This is the mesage I received today. I have not changed it in any way. This is exactly how I received it:
From: Bobby Heath [bheathuk@wsgr.com]
Sent: Monday, January 09, 2006 2:26 AM
Subject: Uptick Stock
Trading Alert FOR MONDAY JAN 9TH !!
Some very BIG NEWS and EXPLOSIVE GAINS are expected AT OPEN!!
Make sure to get in early and trade at the TOP!!!
Company: Ever-Glory International Group Inc.
Symb0l: EGLY .ob
Current_Price: $0.35 Short Term Target Price: $1.90
Shares issued and outstanding: 10.5mi||ion Profits for the 9 months ended Sept,30 2005: $1.1mil
This means that this company is earning over 10 cents per share in only nine months! In our view, this in itself is reason to buy.
More about the Company:
Ever-Glory International Group is an Americn public company engaged in international business and garment manufacturing mainly for middle-to-high grade well-known casual wear, outwear and sportswear brands such as Reebok, North Face, Levi’s and more.
It has a wholly-owned subsidiary company in mainland China-Nanjing Goldenway Grment Company, Ltd.
The company has over 700 team members, total assets near US$7.5M, and annual revenue of approx US$8m.
We here at Smart Money feel that the fundamentals of this company and the hot market sector make it a winner. But what is really going take off is the expected BIG NEWS.
We all know its these big annoucements that make these gems move.
We believe the time to get in is now!
Watch this one go Higher and Higher ALLL WEEK!!!
GOOD LUCK & TRADE AT THE TOP!
_______________________________________________
Informati0n within this emai| c0ntains “f0rw4rd_l00king st4tements” within the meaning of Sect1on 27A_of the Secur1t1es_Act of_1933 and Sect10n 21B of the_Secur1t1es Exch4nge_Act of_1934. Any_st4tements that express or inv0|ve discussi0ns with respect to predicti0ns,_g0als, expectati0ns, be|iefs, p|ans, pr0jecti0ns, 0bjectives ,assumptions or future events or performance are not statements of hist0rical fact and may be “f0rw4rd l00k1ng statements.”In c0mpliance with Sect10n_17(b), we disc|ose the p4yment of_15OOO do||ars pri0r to the pub|ication of this report. Be aware of an inherent conflict of interest resulting from such p4yment.
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