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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc. -- Ignore unavailable to you. Want to Upgrade?


To: bigchad who wrote (3807)6/7/2018 9:50:18 PM
From: SiliconAlley  Respond to of 4828
 
ALL OF WHICH FAVOR WDC!!

You will always spin the available information to match your investment position. If you want to know why the stock is where it is, one only need to look closely at the joint venture.

None of what you say matters to the stock price. All that matters is supply and demand.



To: bigchad who wrote (3807)6/8/2018 11:21:50 AM
From: Art Bechhoefer  Read Replies (2) | Respond to of 4828
 
"The next day STX does a $236,000,000 share offering with her firm as the sole book runner."

That is a practice known as touting and is illegal at the very least under the New York law known as the Martin Act. Federal securities laws going back to 1934 also do not condone such investment firm statements without full disclosure of the investment firm's interest. I doubt that will make much difference in any SEC action.

More generally, an individual who owns stock and then tout sit in order to generate more investor demand, which might favor the individual, can be prosecuted under federal law. That has occurred more than once, even during administrations that favored deregulation. Anyone who browses web sites such as SeekingAlpha may notice that articles, often written by amateur investors, always disclose the author's ownership of a stock under discussion, or lack of ownership.

Art