Pump and Dump: CYRR.PK
Today's stock manipulation spam scam is for "Canary Resources, Inc." (CYRR.PK). It comes as no surprise that this is a sub-dollar stock, since the cheaper the stock, the larger each one cent change is as a percentage of the full price. This particular spam was received from 67.97.7.93 (an undistinguished IP address under the control of broadwing.net) on Sat, 09 Apr 2005 06:26:30 +0000. The hype is reproduced below for your information.
Update at 2005-04-09 10:00: a second copy has arrived, received from 221.128.103.242 (in Thailand, probably an ADSL line) on Sat, 09 Apr 2005 09:45:34 +0000.
Update at 2005-04-10 05:56: a third copy has arrived, received from 81.151.240.52 (host81-151-240-52.range81-151.btcentralplus.com) on Sun, 10 Apr 2005 04:33:38 +0000.
Update at 2005-04-11 14:04: a fourth copy has arrived, received from 61.229.171.124 (61-229-171-124.dynamic.hinet.net) on Mon, 11 Apr 2005 12:29:24 +0000.
BREAKOUT FORECAST
APRIL 2005
!!! NEW U.S. ENERGY COMPANY !!!
-NEW ISSUE- -NEW ISSUE-
CANARY RESOURCES, INC.
CYRR.PK
Current Price $.86 [4/07/05] 10 Day - 14 Day Price Projection $3.00-4.00
stock closed at .86 on Friday. Look for big Move on Monday
Canary becomes the operator and owner of a 75% working interest in Osborn Energy's entire undeveloped land position of approximately 76,869 acres of approximately 400,000 acres in North Eastern Kansas, and West Central Missouri. In exchange for funding all drilling activity, Osborn Energy retains a 25% working interest.
It is expected that this acreage will yield over 1,800 drill locations.
James Beatty, CEO of Canary Resources, Inc. commented, "We are fortunate to have a partner in Osborn Energy, the most experienced explorer and operator in the Forest City Basin, and the first company with commercial gas production. Osborn Energy's extensive investment in field-testing and research into drilling, completion, and production techniques provide a major competitive advantage for Canary Resources which mitigates exploration and development risk."
CYRR NEWS IS COMING - STOCK IS READY TO ROCK
Information within this email contains" forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934.Any statements that express or involve with respect to predictions, goals, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and maybe "forward looking statements. Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as: "projects", "foresee"," expects", "estimates," "believes," understands" "will," "part of:" anticipates," or that by statements indicating certain actions "may," could," or "might" occur. Please be advised that nothing within this email shall constitute a solicitation or an invitation to get position in or sell any security mentioned herein. This newsletter is neither a registered investment advisor nor affiliated with any broker or dealer. All statements made are our express opinion only and should be treated as such. We may own, take position and sell any securities mentioned at any time. This report includes forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These statements may include terms as "expect"," believe", "may", "will", "move"," undervalued" and "intend" or similar terms.
1 comment:
These spammers / scam artists have been overwhelming my e-mail in-box with many instances of the same spam per day. I have reported them to Spamcop, the Federal Trade Commission, and the Securities Exchange Commission but nothing seems to stop the barrage of spam.
If someone could identify the spam source I'd like to see a vigilante group take action to ensure that this scam artist stops sending all this spam.
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