Current Status

This blog is not frequently updated because most case-by-case scam reports are now listed in subordinate blogs. At this point in time, most of my efforts are targeted at documenting employment scams in the Suckers Wanted blog.

2005-03-23

Pump and Dump: CWTD

Stock scamming is popular today. This one was received from 69.47.163.175 (d47-69-175-163.try.wideopenwest.com) on Wed, 23 Mar 2005 12:55:21 +0000. I'll reproduce it here in all its ugly HTML glory, minus the insanely verbose "forward looking statements" fine print disclaimer.

INVESTOR ALERT- IMMEDIATE RELEASE-INVESTOR ALERT

Breakout Forecast     March-April     2005

CHINA WORLD TRADE CORP.         CWTD   CHINA WORLD TRADE CORP

CURRENT PRICE       $2.12 

Projection    5 to 7 Days -------$4.50 - $5.00
Projection    12 to 18 Days------$6.00 - $8.00

China World Trade Corporation&apss WTC Link to Utilize SMS Platform to Increase Member and
Merchant Network
 

ALSO LOOK FOR NEW CNN INTERVIEW re: Tremendous 12 Month Company Growth
COMPLETED!!!!  Forward Plan to dominate China's Travel Industry.  (A Chinese Expedia.Com?)

China World Trade outbid CTRP on acquisition of  "NEW GENERATION" Southern
China
's largest travel company.

WHICH COMPANY IS THE BETTER VALUE?
CTRP     @  $40.00  SHARE PRICE
OR
CWTD    @    $2.35    Growth rate 5 times higher vs CTRP

CHAIRMAN TSANG, FORMERLY OF GOLD LION HOLDINGS has taken the
 reins of CWTD and continuing his record for success. CWTD is here to stay.
  READ
 THE NEWS
@ yahoo.com  Finance     

 

1 comment:

Anonymous said...

9/4/2007: They have been spamming again now using picture messages to get round the spam filter. I got a message touting the stock at 49 cents on 26th March. Since then the volume has gone crazy from 10000 shares a day to several hundred thousand shares a day, and the share price has collapsed to 34 cents. Not bad for a stock which was once over $8.00 (on 18th Feb 2004). Who believes these emails, and worse who acts on them?