Friday, July 10, 2015 9:21:55 AM
It is all verifiable as all calls to Investor Relations must be recorded, dated and time stamped per SEC rules and the post by the ‘tipped’ investor is likewise verifiable as there exists both a URL and a screenshot can be taken showing the exact date and time this info was posted. Pretty easy for the government to verify, IMO.
I don’t ‘assume’ anything and from the context I took this at face value. A heavily invested person who holds a long term stake in the company has been vocally complaining and then finally gets ahold of IR and was giddy to share his relief at the good news. Seems fitting and I take it so seriously because its specific, non-public, and material making it illegal IMO and could jeopardize the company and shareholders here.
Doesn’t make it right or legal because its common on a stock forum, and the info here was a little more specific than that. Likely it happens lots and you ‘can’t begin to count’ how many but Im sure the SEC doesn’t pay lawyers to scan IHUB or Yahoo or whatever so doubtful many such comments get noticed but that doesn’t make it legal. You can notify the SEC at https://denebleo.sec.gov/TCRExternal/index.xhtml and its reviewed by a minimum of two SEC attorneys. They decide not you or I or random posters.
Disagree, it is tipping IMO. See the SEC regs below it doesn’t need to be a ‘corporate development’ just material and nonpublic. I think its significant as it potentially influences buying/selling and from what I’m reading that’s the standard.
Yes the post seemed credible based on the context and previous frustrations only make it more believable IMO as he was excited and relieved and wanted to share. Not harping. One post after I read the info stating I think it crossed the line. And it’s only my opinion. I think that the company has done a great job mismanaging the stock to date and this seems like another big mess up. I’m only responding to a reply to me as to ‘give it time’ and IMO the train has already left the station. Obviously your jest above is just that a jest. Feels different to read the post I responded to and again no one here is the judge of that, that’s why we have the regs/SEC. They decide and enforce if needed.
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