May 22, 2013 /PRNewswire/ --
March 2013, pump and dump spam struck back with a force not seen since 2008. It attempts to lure email recipients into buying cheap stock with a low trading volume which the spammers previously bought at a low price. Once enough users have bought shares and the stock price has risen, the spammers sell - resulting in gains for them and losses for other buyers. In the case of a typical pump and dump campaign launched on
April 19, the spammers bought the shares for as low as
$0.22 and then sold them for as high as
$0.40, causing the stock to plummet to
$0.20. In this way, the spammers gained more than 80 percent while the victims lost up to 50 percent (estimates based on analyses of the stock during the campaign).
Each month beginning in
, the research team of Commtouch
(NASDAQ: CTCH), a leading provider of Internet security technology and cloud-based services, presents the "Commtouch Security Number of the Month" - a number representing and illustrating a current issue or trend in email security.
See the attached Commtouch illustration that depicts the pump and dump spam process.
(NASDAQ: CTCH) is a leading provider of Internet security technology and cloud-based services for vendors and service providers, increasing the value and profitability of our customers' solutions by protecting billions of Internet transactions on a daily basis. With 12 global data centers and award-winning, patented technology, Commtouch's email, Web, and antivirus capabilities easily integrate into our customers' products and solutions, keeping safe more than 350 million end users. To learn more, visit
Recurrent Pattern Detection, RPD, Zero-Hour and GlobalView are trademarks, and Commtouch is a registered trademark of Commtouch. U.S. Patent No. 6,330,590 is owned by Commtouch. All other trademarks are the property of their respective owners.
Check Out Our Best Services for Investors
Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts