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Pastimes
Can SI Members Really Manipulate Stocks?
An SI Board Since July 1998
Posts SubjectMarks Bans
461 18 0
Emcee:  Jeffrey S. Mitchell Type:  Unmoderated
According to the SEC:
While the Internet has many benefits, a small group of thieves is trying to hijack unsuspecting investors on the information superhighway...
sec.gov

According to a recent article in the WSJ:
The on-line war of words... also highlights the risks for investors at the dangerous juncture of small-stock investing and the Internet: This new medium has made it far easier for adventurous stock pickers to compare notes. But it also helps wrongdoers spread misinformation to pump up the price of a thinly traded stock they hold -- or drive down one they have sold short.

According to Jill McKinney, SI's Webmistress:
The major part of our administration day is spent dealing with complaints from members, most of them from the 'Under $5' stock threads, who are upset about Bashers posting on their threads. techstocks.com

-- Can what we say here on SI really affect the price of stocks?
-- If so, is this true for just penny stocks, or all stocks?
-- Do companies really pay attention to what is said on their respective SI threads?
-- Has SI leveled the playing field for small investors, or has the net allowed manipulation to proliferate to a wider audience?
-- What role, if any, should the SEC play as regards sites like SI?

- Jeff
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461richard, Some weren't just bad they were CRAZYYYYY!!! John Emshwiller wroteJohn Sladek-7/12/2008
460I've often thought about it possible happening. I haven't reached my furichardred-4/28/2008
459I've often thought about it possible happening. I haven't reached my furichardred-4/28/2008
458Well, some of them have been pretty adept at promoting scams. And if you count iJeffrey S. Mitchell-12/2/2006
457<i>Can SI Members Really Manipulate Stocks?</i> Not lately.Tom C-12/2/2006
456...KLP-9/7/2004
455From the Wall Street Journal Online: REAL TIME By TIM HANRAHAN AND JASON FRY Arcane Lore-1/27/2003
454From the WSJ online: Enron Lives as Penny Stock Some Optimists Carry a Torch Arcane Lore-11/27/2002
453From the SEC site: <i>SECURITIES AND EXCHANGE COMMISSION Litigation ReleArcane Lore-10/7/2002
452Message 17877725Arcane Lore-8/14/2002
451SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 17540 / June 5, 2002 Arcane Lore-6/6/2002
450Message 16235252 Message 16236790 ragingbull.lycos.comArcane Lore-8/20/2001
449From the SEC Digest: SEC SETTLES SECURITIES FRAUD CHARGES AGAINST FRED MOLDOFSKArcane Lore-8/8/2001
448From today's SEC Digest: SEC CHARGES IVES HEALTH COMPANY, INC., TWO OFFICERArcane Lore-7/31/2001
447I noticed it. <b>or</b&gGraystone-6/28/2001
446I noticed it. <b>or</b&gGraystone-6/28/2001
445Hi Graystone, First things first... Nice trip 4s grub, and you didn't even EL KABONG!!!-6/28/2001
444You should give Mr. Asser a lesson in decorum. <g> <b>or&lGraystone-6/28/2001
443From today's SEC Digest: JUDGMENT ENTERED AGAINST BROTHERS WHO OPERATED MOMArcane Lore-6/27/2001
442In the interest of accuracy, it should be noted that the SEC issued a correctionArcane Lore-4/1/2001
441bill, Here's the thread... It's fairly up to date on the news stories aEL KABONG!!!-4/1/2001
440I'm trying to track down information on an item I saw some time ago about a bill-4/1/2001
439SEC SUES SEAN ST. HEART FOR INTERNET FRAUD On March 29, the Commission filed a Arcane Lore-3/29/2001
438From today's SEC Digest: THREE SETTLE SEC CHARGES IN NEI WEBWORLD INTERNET Arcane Lore-1/23/2001
437<i>On the Internet, no one knows you're a dog.</i> Lebed's Jeffrey S. Mitchell-9/20/2000
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