Stock Spam Reports
- Stock spam has been around as long as the e-mail and the Web, but it has gotten much worse in the last few years. Stock spam messages rose 120% in the last six months, according to data from Postini, a messaging security company. In total, stock-related messages make up about 20% of all spam landing in in-boxes. The SEC estimates that 100 million stock spam messages are sent each week.
Qwoter's Spam Report is tracking approximately 1,500+ public company’s daily and while the Securities and Exchange Commission made a splash by unveiling "Operation Spamalot", it is unlikely to end spam. In the face of increased enforcement, warnings and federal laws, spam is not only continuing, but flourishing. And there's no reason to think the SEC will be able to do anything to stop it.
Why is this report useful to the investor? By using this Spam Report, the common investor will now have an information tool in which to make a more informed investment decision, whether the investor chooses to catch the wave early or to stay away from a "too good to be true" stock scam, at least he or she will have a better map of the terrain surrounding their investment decision.