I get mounds of spam every day, a good portion of which is full of stock recommendations. Joshua received similar emails, and decided to put the unsolicited advice to the test. How well would you guess this portfolio performed?
What if I purchased 1000 shares of stock from EVERY stock tip mentioned in a SPAM email? Could we all really be missing out on a great opportunity? Of course, I don’t have the money to actually waste on an experiment like this. I made this little web site to keep track of the value of those stocks… without my actually purchasing anything.
Here are the results of the Spam Stock Tracker. The verdict: don’t follow advice from spam. If you look at the chart, be aware that the percentage listed is not the percentage change, but the percentage that the final value is of the initial value. A percentage of over 100% means the stock went up and one on the other side of 100% means it went down.