Dan, Ha! That's not what WSJ thinks: <I truly enjoy being a part of the Silicon Investor experience. Good people sharing in the common goal of healthy debate and educating one another.> They think [me anyway] a dishonest, criminal, market manipulator...
People can read the WSJ article and comment to Carrie Lee
<...Mr. Winn is hoping that any spike in the stock that results from his campaign would coincide with announcements or fundamental improvements in the company that would keep the shares from falling back and allowing short sellers to gloat.
In any event, his posting urges supporters: "Just hang onto stocks and don't sell on the spike. The worst that could happen is that the share price would go back to where it was! It would be like going for a roller coaster ride. Fun but not really useful or dangerous."
Write to Carrie Lee at carrie.lee@wsj.com>
Actually, I'd appreciate a few people dropping her a line telling her she is out of line saying I'm trying to hurt investors. [If Carrie Lee is indeed her real name?!!] <...What makes it more interesting is that the organizer is very blatant about the intentions to influence Globalstar stock and hurt investors. Usually, people who set out to manipulate a stock try to do so very discreetly to avoid tipping off investors who could be harmed and securities regulators...>
And who is this guy Bill McDonald who is calling me and anyone who supports the idea, illegal? I should give him a call and see what's illegal? <But the potential legal issues are unchanged, whether a plan such as the Globalstar board succeeds in moving a stock or not, says Bill McDonald, enforcement director for the California Department of Corporations, which is the state securities regulator in California.
"It is clearly market manipulation, it is clearly illegal," he says. "These people are clearly trying to manipulate the market and say so blatantly, other people are led to try to get a piece of the action." >
Is it legal to go round the place saying people are committing illegal acts? |
