Whole Foods Market (WFM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Whole Foods Market (WFM)

WFM 41.99

0.0%

Aug 29 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Glenn Petersen who wrote (331)	7/12/2007 12:08:05 PM
From: Lazarus_Long	Read Replies (1) of 438

SEC, Where Are You? Whole Foods' secret admirer Whole Foods CEO John Mackey, under a pseudonym, praised his own company and tossed darts at rival natural foods grocer Wild Oats for eight years on a Yahoo! stock forum. He once wrote that Wild Oats had "no value and no future." The comments stopped six months before Whole Foods agreed to buy Wild Oats in February. Former Securities and Exchange Commission chairman Harvey Pitt said it "isn't per se unlawful" for an executive to anonymously praise his own stock, "but it's dicey." Mackey -- who once complimented his own haircut -- said it was all in good fun. The identity of his alter ego was disclosed in documents released by the Federal Trade Commission, which is trying to block the merger on antitrust grounds. (The Wall Street Journal) finance.yahoo.com There's a question about legality here?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next