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Pastimes : Investment Chat Board Lawsuits
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To: SI Dave who wrote (12289)12/6/2019 2:41:01 AM
From: Jeffrey S. Mitchell  Read Replies (1) of 12465
 
I think what's blatantly and bizarrely missing from the discussion is disclosure. For example, if a hundred people post what a great investment XYZ Corp is, which they are entitled to do, I might find that compelling. But if those so-called hundred people were all paid touts, employees of the company, or bots, I would find that deceitful and therefore highly suspect. Ditto for people rigging their book sales to get on the best seller list, companies anonymously writing negative reviews of their competitors, etc. Absent that, no matter the source of the message, we are prone to manipulation by either the state or bad-actors, the antithesis of what a true republic is all about. I wish I could be confident tech companies would see the urgency to do this on their own, but so far it appears greed is more important.

- Jeff
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