This is straight from WSJ today; Never know, one day they might sue you for your stupid mouth, then you will spend more time in court than investing. Can't wait to see it.
Litigation weighs on the minds of some SI members. More than
100 lawsuits have been filed against online posters, often by
companies that feel they have been falsely or unfairly criticized.
Silicon Investor's fee-based system, which usually involves a
credit-card payment, makes it easier for a process server to track
you down, argues Mike Grasso, a longtime Silicon Investor
member and frequent critic of small companies. "I like SI the best,"
he says. "But I don't want to be sued." This trader says he is
increasingly posting on Raging Bull -- under various aliases.
Silicon Investor officials say they don't believe their members are
any more susceptible to litigation than posters at other sites.
In June, one concerned SI member, called "etc.", started the "What
has happened to Silicon Investor?" discussion board to share ideas
on "what went wrong" at what used to be "the hottest stock
message board site on the Internet." So far, this board has only
attracted 79 messages. Etc. hasn't posted a message on Silicon
Investor for more than a month and didn't respond to e-mails
requesting an interview. |
