10/15/2005: From the "Have you ever wondered?" department.
Do you get all those spam emails telling you about the next stock that's due to explode? Yeah, me too. But have you ever wondered how rich you'd be if you actually followed their advice and invested in those stocks?
Someone else did, too (of course), and so we have: The Spam Stock Tracker.
And the answer to the question is: "You'd probably be declaring bankruptcy soon." The guy who created the Spam Stock Tracker estimates that if he'd actually purchased 1000 shares of every stock touted in every stock-touting spam he's received, he'd be in the hole $7,507.10 (on a total investment of $17,405.00).
Credit: I actually have a note to myself to blog this several days ago... I didn't note the original source that pointed me there, but I'm happy to give Stan Schwarz the credit, since it was his post (that I saw while cruising by his blog this morning) that reminded me that I needed to post that one.
And as long as I'm mentioning Stan, I'm remiss in not having pointed y'all towards his Dead Dot-Coms Gallery before now. A fascinating glance at the seamy underbelly of the history of the Internets....
That being said, I take a special joy (admittedly schadenfreud) in this one.
If that company name doesn't ring a bell, here's a hint: "male escort with White House press credentials".
I knew you'd remember.
Len on 10.15.05 @ 12:57 PM CST