SI
SI
discoversearch

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.
Microcap & Penny Stocks : GTCI - get in before the news hits -- Ignore unavailable to you. Want to Upgrade?


To: ztect who wrote (790)2/22/1999 3:57:00 PM
From: ztect  Read Replies (1) | Respond to of 1541
 
Stemming the Tide of Touts on Stock Message Boards

Message 7959603

"...The Securities and Exchange Commission has defined such touting as lying about companies, lying about one's independence from a company or failing to adequately disclose the nature, source and amount of compensation one receives from a company...."

"....someone using the name G_Gekko_1999 logged on, inquiring whether
anyone had heard that Barron's, the financial weekly, was predicting that the stock would hit $225 a share....."

"...But distinguishing between manipulation and the innocuous musings of an enthusiastic investor can be difficult. Though rules vary from board to board, few messages are ever removed...."

"...Schwartz said his own postings have not kept rumors off the board. A few days after asking whether the stock would jump, G_Gekko_1999 was back on, asking whether the company was really teaming up with a major Internet service provider -- another false rumor."I'm going to continue to post, but I haven't seen any real effect," Schwartz said....."

INTERESTING THAT THE NYTIMES ARTICLE WAS EVEN MORE
ABOUT HYPSTERS THAN IT WAS ABOUT BASHERS
....