I’ve seen a deluge of spam today, and it feels like a return to yesteryear.
That’s because the spam is stock spam - sent with the intention of encouraging the masses to buy cheap shares in a particular company.
The reason? The scamps who sent the email are hoping that the value of the shares will be “pumped” up, so they can “dump” their own holdings for a profit.
In this particular case, the spam claims that King, the makers of the more-addictive-and-dangerous-than-crystal-meth Candy Crush game, are planning to buy a games development company called AppSwarm.
The messages, which have a variety of subject lines inviting you to buy the stock before Christmas, have so far contained the same content:
Appswarm needs your attention. This is the only stock you need to buy today. Keep on reading to find out why..
Appswarm (ticker: SWRM) is a mobile games developer that has built some of the most popular games on the planet.
The games have been downloaded more than 100 million times and the company is planning to launch 5 new titles in January 2017 (next month).
SWRM is extremely undervalued and there are serious rumors circulating that the maker of Candy Crush (King, a multi billion dollar company) is about to buy it out for $1.17 per share before Christmas.
At this moment SWRM is trading at just pennies but a buy out from King will automatically send it to over $1 in a matter of minutes.
This is your chance to buy a stock just days before a major acquisition and stand to gain more than 1,500% just days before Christmas.
We used to see a lot of stock spam back way back when, but I don’t tend to see it that often in my spamtraps these days.
It should go without saying that it’s not wise to make investment decisions based upon some anonymous scoundrel spamming you out of the blue.