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Wednesday, May 15, 2013 12:42:18 AM
It's turning into a joke (SA articles) and should be stopped. No one ever confirms any disclosures and the writers know it. This should be left to actual employees of established news entities. Some control/restraint would be used as for fear of destroying the entity.
Furthermore, for seeking alpha to allow one to publish under an undisclosed/hidden writer should also not be allowed. They should be held liable but as everyone knows the SEC only goes after the big money.
It is a disgrace to those who do a good job in SA writing. If I was one I would be throwing everything I had at the companies allowing this garbage to be published.
This also applies to individuals such as Ackmen and Icahn. They should not be given a podium to publicly destroy or prop up a company with conjecture. The SEC is supposed to protect the individual investor by enforcing the law and allowing only fact based public information.
Well that's my soap box on the issue. I will comment no further due to the fact that as investors we have to be thorough and take into consideration the false and misleading information. It's the new uneducated investor that gets hurt the most but we all suffer to some extent from possible investors who feel the whole market is rigged and never ever invest.
Go VRNG lawyers nail this down with the next response!!!
Everything is IN MY OPINION!!!
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