I sometimes forget that not everyone is as jaded as I am. Unfortunately, this just isn't the case. Spam is junk e-mail. If you're an active online user and have ever used your e-mail address for anything, anywhere, you probably get some.
Some folks get tons of it.
Spam is useless. What's more, many such spam investment schemes aren't for actual stocks at all. One case the SEC investigated involved a guy who sent out e-mail claiming that his firm was about to file an initial public offering, and that it had about a billion a year in annual sales. There was no stock offering, no offices, no inventory. That's precisely the sort of person that fits my image of a spammer.