The only thing that concerns me is shareholders should not be discussing the stock on their Facebook , Twitter etc . It looks bad to regular consumers of the product . If you go to any other products pages you never see comments from shareholders . Those sites are to get consumers excited about the product not the stock .
I agree. While the SEC, perhaps not clearly understanding social media as well as it should, has told public companies they can make disclosure on Twitter, Facebook, and more, I'm sure they didn't intend for those companies to use those sites as their only means of communicating information to the public.
Evidently management fails to realize that most people who visit the site are likely to be prospective buyers of the product, not the stock. What are those people likely to make of all the rants about message board posters and nonexistent shorts?