Symantec has come across a spam campaign for an Indian stock, perhaps for the first time. As usually seen in typical stock spam message, this particular email claims that the stock price for this company will rise by 500% because of a possible buyout or partnership with an American outsourcing company and it urges recipients to buy the stocks quickly.
Subject lines for these spam attacks are:
Indian shares with 800.% gain potential
Best indian stock on the nse market
India's most secret pennystock
This is definitely an attempt to influence the stock price of a publicly traded company. These exaggerated profits with little investment shown in the spam message may tempt users, especially with Diwali occurring, to use the opportunity to earn quick bucks. However, users need to understand that such promotions are meant to artificially increase the stock price, albeit...