The Latest “Pump and Dump” Stock Scams

For a while it was quiet about stock spam pushing penny stocks, but recently they’ve been making a comeback. Recently we’ve seen these campaigns:

  • 2017-03-20: Incapta Inc (INCT)
  • 2017-04-11: Quest Management (QSMG)

If you receive spam pushing shares, beware! Never buy stock based on “information” sent out as spam. The only people making money on such stocks are the scammers, who wait for the spammed buyers to offload their near worthless shares at grossly inflated prices. Reselling such stock is near impossible and and usually will lead to great losses.

One thought on “The Latest “Pump and Dump” Stock Scams

  1. Six months have passed and it looks like it’s time for another round of QSMG pump & dump (sent from a Vietnamese ADSL IP):

    From: *FAKENAME*
    Sent: Thursday, October 19, 2017 16:19
    Subject: Seriously… What if this company went tenfold by tomorrow?

    Everyone knows me as a no bullshit analyst and I always give it to my friends just the way it is, whether it’s good or bad.

    Today though I’ve only got goodness to share with you because I’ve come across something so rare it only happens once or twice a year.

    I found a stock that’s going to jump tenfold by tomorrow due to negotiations for an acquisition that values it at much higher than where it is now.

    The information I have is a hundred percent reliable and if you miss out, I guarantee you’ll be regretting the decision in a few hours when this thing is up to 8 or 9 cents.

    The symbol is qsmg this is all you need to grab it.

    If you do miss out, it’s ok… I will probably have another one to tell you about in a few months but at the very least you should watch this one closely.

    Have a good one.

    Best Regards,


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