Pump and Dump: CDGT as usual

Ho hum, I say. Will the CDGT spam never end? Here are the latest sightings, accumulated in my spam backlog over the last week or thereabouts. Possibly the most interesting thing about the CDGT spam is the sheer diversity. Not many spams wind up hitting more than one of my accounts in more than one form. CDGT spam appears to be originating at more than one source.

The following is an HTML spam received at "account X". Two instances were received, from 200.74.184.230 on Thu, 14 Jul 2005 01:17:56 -0000, and from 200.222.81.115 on Thu, 14 Jul 2005 16:22:07 -0000.

EMERGING GROWTH ALERT Issue: 115228 JULY 2005 China Digital Media Corporation Rapid Growth Alert Symbol: CDGT 52 Week Range 0.20 - 11.00 Shares Float: 25,000,000 Current Cost: $3.50 12 Mo.Target Cost $16.00  Growth Rating High Breaking News Alerts! Big News Expected Out Wednesday July 13th   PR Newswire (Wed 8:00am) China Digital Media Corporation Announces an Acquisition of a Media And Advertising Agent in China HONG KONG, July 13 /Xinhua-PRNewswire-FirstCall/ -- China Digital Media Corporation (''Digimedia'') (OTC: CDGT - News; OTC Bulletin Board: CDGT - News) with its subsidiaries (together the ''Group'') announced today that the Group signed a Shares Transfer Agreement (the ''Agreement'') to acquire an advertising sales agent, Guangdong M-Rider Media Company Limited (''Guangdong M-Rider''), a limited company registered in Guangdong in the Peoples Republic of China. The principal operating activities of Guangdong M-Rider are in design, production and distribution of advertisements through television channels. Guangdong M-Rider is one of the top five reputed advertising agents in the Guangdong province and is currently a sole advertising distributor for a number of television channels in Guangdong Province and in Guangzhou city. CORPORATE PROFILE :  China Digital Media Corporation (OTC Bulletin Board: CDGT - News) focuses its business in three main areas: Cable TV Operations, Programs Production and Advertising Sales. Arcotect Technology (GZ) Limited, a wholly owned subsidiary of CDGT in China, is the sole contractor and operator of digital television services in Nanhai, a city with 400,000 cable TV subscribers. The service could offer more than 800 digital channels of pay TV programs and value added multimedia services. The Group is seeking to establish similar model elsewhere in China. The Group entered into the strategic alliance with Guangdong HuaGuang Digimedia Culture . About Guangdong M-Rider Media Company Limited Guangdong M-Rider is a limited company registered in Guangdong in the Peoples Republic of China with a registered capital of RMB5,000,000. The principal operating activities are in design, production and distribution of advertisement through television channels in which the company is currently a sole advertising distributor for a number of television channels in Guangdong Province and in Guangzhou city. The management of Guangdong M-Rider has over ten years operating experience in the advertising industry in which they have built a valuable business relationship with over 100 international and domestic advertising agencies, renowned international and domestic clients, and television channels operators. They are one of the top five reputed advertising agents in Guangdong Province. Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information CDGT is getting ready to break out. We recommend this as a VERY strong buy.

Next up are two substantially similar plain-text spams. What follows is the substantially similar part of both. They then diverge into different "press releases". One was send to "address X", received from 220.80.145.189 on Thu, 14 Jul 2005 15:08:18 -0000; the other sent to my "legacy" address, received from 80.35.37.151 on Wed, 13 Jul 2005 17:08:38 +0000.

*****WATCH THIS ONE JULY 13-21 AS WE KNOW MANY OF YOU LIKE MOMENTUM*****
BREAKING NEWS ALERT ISSUE - BIG NEWS COMING
SYMBOL: CDGT

(Ticker: CDGT)
Price: $3.10
5-Day Target: $6
10-Day Target: $9


CDGT is climbing again and we have seen them rocket

Last time we issued a stock watch and watched it climb from $2.00 to
$8.00 faster than you can count the ways to spend your money.
Now CDGT is on the on the move again. With big news to come out.
climbing again from $2.60 and has already reached $3.10 before we =
could even get this alert to you.

Whatever you do WATCH 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 $3.10. WORD ON THE SREET IS STRONG BUY. THIS COMPANY HAS
DROPPED BIG NEW'S IN THE PAST. WHO'S TO SAY THEY DON'T HAVE ANOTHER BIG ONE.

Lastly, another one sent to the "legacy" address. Similar in form to the immediately prior spams, this one also has a recommendation followed by a press release (and then one of those enormous and quite ridiculous "forward looking statements" disclaimers). I include only the "recommendation" part here. It was received from 194.224.120.5 on Sun, 17 Jul 2005 23:28:22 +0000.

MOMENTUM ALERT ISSUED FOR JULY 18, 2005

EXPLOSIVE PICK FOR OUR MEMBERS

!!!RIDE THE STAIRWAY TO HEAVEN!!!!

Good day to all broker's, Day Trader's and Investor's  World stock report
has become famous with some great stock picks in the otc , small cap
market's!!! Here at World Stock Report we work on what we here from
the street. Rumor's circulating and keeping the focus on the company's
news. We pick our companies based on there growth potential. We focus on
stocks that have great potential to move up in price!!! While giving
you liquitity.

OUR LATEST PICK IS CDGT.

SYMBOL: CDGT

CURRENT PRICE: $3.42
SHORT TERM 5 DAY PROJECTION:  $7-9

WE GIVE IT TO YOU AGAIN AS A GIFT AND THIS IS WHY.