Profiting from Email Stock Spam
I’ll be the first to admit that I had a bit too much free time in college.
Back in 2006, Grant Jordan and I theorized we could make a profit buying stocks that were being touted by email spammers. We developed a method to visually fingerprint individual spammers and track their market returns over time. The method worked for a few weeks and earned us modest gains, but eventually some unexplained macro effects permanently diminished the effectiveness of email spam and we had to give up.
This video is Grant’s presented on our findings at Defcon 17. It’s long, but Grant’s style is quirky and entertaining. Definitely take a look.
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