On Pump and Dump Spam Run

I thought they were an extinct in the wild technological mal-species already. But just yesterday I got this spammy mail via my mailbox:


Image 1. Suspicious Email

Sorry I choose not comment on the company as I do not have verifiable info on them nr their industry. But I did not subscribe the affected mailbox to any stock-monitoring feeds so your paranoid Security Product Manager will tag this issue as SPAM. And since all my infosec post belong to this blog here are some additional security insights.

Dissecting the content of the mail…

[Name of supposed sender] here.

My NEWEST MONSTER PICK is – [company name here]. And they trade under the ticker symbol – [Symbol1] or [Symbol2]

I don’t know if you know this, but technically, 0.0001 is the lowest that a stock can trade at on the open market…

0.0001 is THE FLOOR!

So it stands to reason, if you get in at the ground level (THE FLOOR ), the stock CANNOT go lower.

So technically you have limited your downside.

Go buy [Symbol1] NOW and quadruple your money quick!

Actually the unsolicited nature of this email was the first red flag. The text “Go buy NOW and quadruple your money quick” and “So technically you have limited your downside” provide secondary red flags. Any get rich quick scheme will trigger my infosec spider-sense :).

Pump and Dump Scam run? Call it Maybe…

Some interesting thoughts on spam came to my mind which may be a good post in the future. I noted that there seems to be a “new” breed of spam mails targeting those who needs “high-end” systems users list. I don’t know if this is prevalent already. Maybe I can feature them here soon. Watch out for it. Soon.