Pump+and+Dump+Scams

It’s the process of creating fake hype or buzz around a particular stock in an effort to generate interest in prospective buyers. This can be done in a number of ways, one of which is becoming quite popular lately in the form of spam. This P-n-D technique is not a new phenomenon on the Web, but in the past year, this scam has really come into its own. According to Sophos security company, the percentage of P-n-D spam e-mail has escalated tremendously The P-n-D scams usually involve sending out e-mails. The scam usually employs some sort of information that looks credible, stating things like impending development or an invention of some revolutionary new product or procedure. The scam really tries to get the reader to make a move on the stock as fast as possible, in order to jump the profit of the individual shares up for existing owners as well. Once the entity responsible for the scam hits their goal price per stock, they sell, reaping the fraudulence earnings for their own and leaving behind a wake of confusion and financial destruction. It is almost impossible to determine exactly who is behind any particular P-n-D scam, not to mention locating where the attack may be originating from. It may be the owners of the fledgling company, some affiliate of the company or simply an attacker who decided to choose the company for some particular reason. The P-n-D e-mails are sent out to millions of warehouse e-mail addresses, while the attacker sits and watches the stock. If the price per share hits a projected goal, they sell their shares right away. There are some things you may want to keep an eye out for. Another key to spotting a P-n-D e-mail is seeing the same message coming from different addresses and with different subject lines. Other sure tell signs are things like gibberish or misspelled words in the beginning or end of the e-mail, **__which are known tactics of spammers to elude e-mail filters__**. All of this, in addition to, of course, the overwhelmingly good information/news in the body of the e-mail, is meant to entice the reader into quickly purchasing shares of the stock. If you do find some P-n-D e-mails in your Inbox, the best thing to do is delete them. It is that simple to stay clear of the whole mess. Think of it as a different type of phishing scam where the number one rule in protecting yourself is **never** give account information out in response to an e-mail, regardless of who it is from. The same applies here. Do not make any sort of stock purchase based off of some random e-mail, no matter who it claims to be from. That’s all it takes. Simply resist your curiosity
 * Pump and Dump Scams **
 * Pump and Dump** (also known as P-n-D) or Hype and Dump Manipulation, as the government calls it.