Replies to post #49478 on Biotech Values

[Biowatch]

WFMI CEO: Did he post material information?

Or was he just unwise by posting without identifying himself?

Any legal eagles out there that know what are (1) the rules or (2) generally accepted guidelines for insiders posting online?

The CEO gets to write the rules and set the standard, but what does legal counsel usually advise?

Also, what if he had restricted his posts to a company where he had no fiduciary responsibility -- what that be allowed or are any posts unwise?

[Nerf]

I'm sure lots of CEO's are tempted to post online, even to yahoo. I'm not sure why this is such bad news from the standpoint of the govt.

He pumped the stock. Said he was long, shopped at the market's and intended to be long for a long time.

Big deal.

[corky]

he is not the only ceo on ymb

and he won't be the last

corky