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Posts Tagged ‘penny stocks’

Company With 1 Worker Sees 25K% Stock Surge

13
Jul
2014

Too good to be true? A company with just one employee, no assets, and no revenue saw its penny stocks rocket to a $6 billion valuation this summer—enough for the SEC to shut down its trading and launch an investigation, the Wall Street Journal reports. The company, Cynk, runs…

Category CA TechnologiesTech Written by Newser 0 Comments

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Stock Spam: A Sign of Economic Recovery?

07
Aug
2013

It may sound strange, but one surefire sign that the economy is on the mend is an increase in stock spam. Yes, stock spam is a bellwether signal of an economic revival and if you want proof, check your email. Scattered in your bulk folder, you may find a myriad of such spam promising you […]

Category General Written by Symantec Security Response Blog 0 Comments

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Increase in Pump and Dump Stock Spam

15
May
2013

In the last few weeks we have observed a drastic increase in “penny stock” spam emails. In 2011 Symantec published a blog entitled Global Debt Crises News Drives Pump-and-Dump Stock Scams, which also dealt with this type of spam.Penny stocks, also known as cent stocks, are shares in small companies that trade at low prices, […]

Category General Written by Symantec Security Response Blog 0 Comments

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