Jodi-
1. It is not what you said on AOL, it is how you said it. How many boards did you send you message to? I saw it on 10 or more. I would assume it was alot more.
2. You say posting this information here is below the belt and we should use E-Mail. Well, is that not the point many are trying to get to you, both here and on AOL? You should have used E-Mail rather than posting on ANY board.
3. Saying something is your opinion does not protect you from the SEC. If you post untrue information, with the intent to hype a stock, then you might have a problem. I'm not saying you said anything untrue. But remember, an investigator will be looking after the fact. He will look at the hype, look at the effect (price and volume up) then determine if one caused the other. So put yourself in that position, hype on lots of boards, followed by run up in price and volume. Bingo, there is the case. You might defend yourself by saying you are sorry for all the posts, that you are only printing what was told to you by the company, ect. But I, for one, don't want the SEC coming to me to check my investment holdings. The questions that would be asked are When did you buy you shares and at what price? When did you sell your shares and at what price? The problem for an investor is that a good investor, seeing the run-up, would sell into it. Just the thing that would look bad to an investigator. So your intentions could be very innocent, but suddenly you look very guilty. But by then it would not matter, the company and its stock would be destroyed by the mere fact that the SEC was interested.
I know it is tempting to post information about a good company to get wider exposure. I often wish I could do it. But I worry about the damage I would do to the company and its stock. So I wait, and wait, for the investment community to find out about my great little company(s), as I have.
If you want some good prospects for 100-300% gain over the next 12 months, E-Mail me I'll be glad to share them with you!
Good Luck
Rick |