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.

2005-06-06

Pump and Dump: CDGT

Two instances of spam pumping CDGT came in over the weekend. We've seen that stock hyped before. One arrived from 60.180.115.26 (WHOIS: CHINANET-ZJ Wenzhou node network, Zhejiang Telecom, China) on Sat, 5 Jun 2005 14:57:54 -0000; the other from 221.164.35.187 (WHOIS: Korea Telecom) on Sun, 5 Jun 2005 11:45:35 -0000. Text in both is identical, and reproduced below minus the "disclaimer" block, which rarely says anything worth repeating.

Hot Pick This Stock Gained over 300% in the last 7 days   Nasdaq Symbol CDGT

China Digital Media Corporation Announces Launch of Sunshine e-Government Initiative
 for Nanhai Digital Television Services


This stock has MOVED over 300% in 7 days of trading. 
More big new expected  Monday. We expect this stock to hit
$18.50 in the following 5 days. Get in now before the next 
big wave of growth.

Nasdaq Symbol CDGT

That is a 300% gain in 7 days. Monday will be just as explosive

OUR LATEST PICK IS CDGT  WE GIVE IT TO YOU AGAIN AS A GIFT. THIS
COMPANY IS DOING INCREDIBLE THINGS. THAY HAVE CASH AND HAVE MADE 
GREAT STRATEGIC AQUISITIONS.

CURRENT PRICE - $3.70
7 Day expectations - $12.00 to $18.50

China Digital Media Corporation Announces Launch of Sunshine e-Government Initiative 
for Nanhai Digital Television Services

3 comments:

Spotter said...

I have another CDGT spam to report, not worth the bother of creating another entry. Received from 69.251.78.7 (pcp0011836312pcs.waldrf01.md.comcast.net.) on Thu, 16 Jun 2005 12:54:38 -0000.

Spotter said...

Two more CDGT spams have arrived, both with rather mangled plaintext formatting. One received from 221.148.138.210 (WHOIS: Kornet, Seoul, Korea) on Sat, 18 Jun 2005 03:01:44 -0000; the other from 211.178.35.220 (WHOIS: Hanaro Telecom Inc., Seoul, Korea) on Sat, 18 Jun 2005 12:10:39 -0000. Korea has a lot of zombies per capita.

Spotter said...

Another mangled CDGT spam, received from 221.156.101.11 (WHOIS: Kornet, Korea) on Sun, 19 Jun 2005 11:31:51 -0000.