Harcourt F. Mudd
Guest
|
Posted:
Sat Nov 12, 2005 1:02 am Post subject:
Superclick SPCK et al. |
|
|
A while ago I got a spam pushing this stock, Superclick (SPCK). I thought
of course it's a pump & dump.
It was going for about $1 at the time, and I thought maybe I'd have a
little fun with it. It went up immediately, no surprise, then tumbled back
down. When it hit 80 cents I put a couple hundred into it for kicks. I
thought maybe it'd head back to around the $1 level again.
It didn't. It kept going down. No biggie. But then it shocked me by totally
tanking! Today it's around 19 cents. All this time there's been almost zero
news that I could find.
I thought, damn, how did the spammers know that was going to happen?
So now I'm wondering whether spam pushing a stock (I get a lot of those) is
a reliable sell indicator. Any thoughts on that?
|
|