2013-12-02 It seems pump-and-dump spam is back. Pen ... 5 years ago
It seems pump-and-dump spam is back. Penny stock being abused by some criminal to make a big profit from the people who actually believe the 'advice' in the spam e-mail. This time it's about 'registered express corporation'. Notable to me is that the latest round says the trading symbol is 'R_G-T_X'. When I search for that exact term I find wordpress blogs which are either automatically fed from spam e-mails or posted to by the scammers. And Dynamoo has the right details: Registered Express Corporation (RGTX) pump and dump spam - Dynamoo's Blog. Update 2013-12-04 It gets funny when the 'dump' part isn't working as hoped and the spam returns a few times. Seeing it again today. But even with several spam runs the rates of earlier days aren't met meaning the spammers are losing money.