well, the ihub moderation rules don't really allow for any other method for dealing with stock manipulators' posts, so the only way to really deal with idiots like that is to take it all the way to the SEC.
Perhaps the rules should change to allow moderation of manipulative statements, I dunno... but I don't fault people for wanting to shut him down for what were clearly material lies designed to affect price action in the absence of verifiable news. Criminal? That's for the SEC to decide. Worthy of ire and condemnation by those looking for facts in an era of real-time news? Absolutely. And, without any other method for readers to condemn other posters with any effective amount of force, the SEC reporting actions are all that's available to them, and I don't think it's overboard at all to report it.
We know without a doubt that a lot of money is represented when people watch stock message boards these days, as evidenced in the flash crash after news was released about the latches decision, and the flash run on rumors of settlement earlier.
Think twice before trying to manipulate the market, it *will* end up with law enforcement investigations.
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