Was is Seeking Alpha or the author who deleted your posts. I thought that SA gave that authority to the author, but maybe not. Does anyone have the straight skinny on this?
KMBJN said...
Interesting that Seeking Alpha removed my comment describing the article as ridiculous, and full of untruths. I said I thought it ought to be illegal, and compared it to another "hit-piece" by another then anonymous hedge fund manager, "Alfred Little," aka John Carnes. Mr. Carnes is being charged by Canadian authorities for fraud, for the libel spouted on Seeking Alpha (four articles) and his own web site alfredlittle.com about Silvercorp (SVM):
Seeking Alpha commits securities fraud by protecting and giving platforms to people who short a security then write anonymous articles full of lies and misinformation designed specifically to put downward pressure on the security in question. This is blatant security fraud! The identity of the author must be available for proper disclosure and credential check. The SEC must strengthen the liability and enforcement actions that can be taken against such underhanded manipulative methods.
Seeking Alpha should be held accountable in addition to the anonymous author who blantantly was allowed to commit fraud on their site.