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Re: Doc logic post# 509864

Wednesday, 08/31/2022 3:56:29 PM

Wednesday, August 31, 2022 3:56:29 PM

Post# of 688904
RE: Doc logic

Securities laws are not really my gig, but my thoughts are:

First: I think that would be a tough sell on its own. You really want evidence that a subject communicated with others involved in a conspiracy to fraudulently affect the price of the security or link people through financial transactions. I would not want to try to present a case to a jury in which my sole evidence was that a posting pattern on message boards correlated with a trading pattern of the stock.

Second: You probably need fraud and causation, meaning that the messages must be untrue and knowingly made with the intent to affect the stock price. In addition, they must be shown to have actually affected the stock price.

Third: Once a crime has been committed, it can't be 'un-committed.' So if someone aided and abetted a crime, future conduct will not erase that.
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