Ever wondered about the fate of all those companies that you get Stock Spam about? You know, junk emails like "ALCMY.OB develops new technology to turn lead into gold, stock poised to rocket 5500%!!!!". Of course our hope, here at The Stalwart is that such smarmy come-ons would prove at least as successful as listening to your registered Wall St. investment adviser. Sadly, no.
It appears that the individual who runs Spam Stock Tracker has discovered the one investment scheme that's worse than your broker's advice. The fellow seems to have written software designed to keep track of the penny stocks he got sent and found that he would have gotten horrendous returns. Losing nearly 50% of his capital in just over a month. Ouch. So disappointing.
(Found via Broadband Reports)
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