It is a very interesting point. The SEC has ruled on this matter and it does allow public companies to satisfy regulation FD when using social media. However, in order to not be in violation of regulation FD, they must notify the marketplace that this is the way material information will be disseminated. To my knowledge, the company has never put out that type of notification. I will let the regulators determine whether the company is in violation of regulation FD
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.