<<Huh what joe? I aint cramer, not even sure I posted his article on this thread, not even sure why you directed that message at me.>>
TokyoMex used to play in the ED market a bit, probably a misdirected post. If you are curious, the April issue of Money Magazine has a five-page piece on Joe.
Yes the SEC is interested in Web scams, but, if you publish things as your opinion and do not accept money as a financial advisor but just as subscription fees, then a web board or group like Joe's can be protected under the first amendment just like the hundreds of "dead tree" newsletters out there.
If your group does things to intentionally manipulate stock prices (which is illegal, like robbing a bank is still illegal, even if you wear a mask), then the SEC has a much clearer target.
This is why many stock boards have removed boards on all stocks under $5 (like the Motley Fool board on AOL where you will not find VVUS). They don't want to get caught up in suits because they did not police the boards properly. In fact, The Motley Fool guys are turning over the policing of the AOL TMF boards to AOL starting tomorrow.
Zebra
PS: This stock is driving me crazy!! What happened to those big block buyers at 3 5/8? I guess they covered and stopped buying. I doubt it was institutional buying at this time, so I assume short covering. |
