Integrity is not the issue. The issue is consequence. What happens to Mr. Dell and his company if he puts out a statement he should have known to be untruthful?
Does it happen? Of course it does. Is it done intentionally? Again, the answer is yes at times. Are the consequences nearly always corporate death or ,at a minimum, a serious financial penalty for such utterances? Yes, again.
Does the same standard hold on the pinks or grays? You be the judge. My experience tells me no.
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.