giorgiofr - Slashdot User

Submission Summary: 0 pending, 7 declined, 1 accepted (8 total, 12.50% accepted)

Submission + - Anatomy of pump'n'dump SPAM

Submitted by giorgiofr on Thursday January 18, 2007 @06:54PM

giorgiofr writes: Laura Frieder and Jonathan Zittrain have analized pump'n'dump spam activity in their paper "Spam Works: Evidence from Stock Touts and Corresponding Market Activity". Unbelievably, it appears that spammers are able to achieve a 5% gain on pumped stock before dumping it, along with a dramatic increase in transaction volume of the stock. Paper summary, full paper.

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