This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

No Free Lunch in Spam

You could argue that the devil-in-the-details rule doesn't really apply to one of these companies. If you consider it wise to invest in managers who'd actually name their company My Pool Leaks you might want to limit yourself to index funds, starting right now. My Pool Leaks closed Wednesday trading at a half-cent a share.

It's the same thing with the sometimes tortuous wording of the spam itself. Martin Nutraceuticals, for example, was trumpeted in a spam headlined "Martin Nutraceuticals Commences Expansion in Global Nutraceutical Marketplace." You notice that it's only "commencing" its global expansion. It may fail miserably, but at least it commenced.

This kind of skepticism is all the more timely because the stock spamming seems to be picking up. Brian McWilliams, who writes a blog called Spam Kings for the forward-thinking O'Reilly Publishing, says he noticed a surge in stock spamming in the last week of September that hasn't yet abated.

While it's too early to tell if the spam trend is more than a temporary surge, McWilliams says, the anecdotal evidence suggests that not only is the recent spamming sophisticated -- that is, smart about covering its tracks -- but "these guys are pumping out major quantities of spam." In other words, the stock spammers are bullish.

I asked Cyr if his experiment had taught him any valuable lessons about the stock market. "Not about the stock market," he said. "But I learned about the power of blogs." McWilliams' blog picked up on Cyr's site over the weekend, and that post was spotted by uberblog BoingBoing.

As a result, the number of visitors to his site skyrocketed from a little more than 100 a day to 19,000 late Wednesday. Before that surge, Cyr had made a whopping $5.42 from Google ads on his site (with some of the Google links pointing to stock-touting sites.) The recent surge in traffic is sure to boost that figure way up into the double digits, a far better return than Cyr could have gotten following those canine stock tips.

And that can mean only one thing: Joshua, it's time you started thinking about an IPO.
3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
GOOG $693.01 0.29%
AAPL $93.74 -1.15%
FB $117.58 0.73%
TSLA $240.76 -2.81%
YHOO $36.60 0.03%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs