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Re: LoanStew post# 51794

Tuesday, 10/08/2013 1:23:48 AM

Tuesday, October 08, 2013 1:23:48 AM

Post# of 222471
That is unquestionably ILLEGAL. It is material non-public information provided as an insider tip. At a minimum, it violates Reg FD. More likely it constitutes an attempt at stock manipulation and insider tipping.

The content of the message only needs to be considered material by a reasonable investor. Just saying "earnings will be good (or bad)" or "there will be some revenue" is clearly material for a pennystock with zero earnings in the prior Qs.

Even if the information was false, it is an attempt by an insider to manipulate the stock.

This is a clearly illegal act and potentially criminal.


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