Location : Ether-Sphere
Job/hobbies : Irrationality Exterminator
Humor : Über Serious
|Subject: The SEC Reveals: Chicanery Was Taking Place at SeekingAlpha.com Tue Apr 11, 2017 4:39 am|| |
|I’ve been saying Israeli based SeekingAlpha.com was a complete scam for years. Finally, after more than a decade of complete and utter shit, the SEC said ‘enough is enough’ and has decided to sue.|
Today, the SEC filed charges against 27 fuckheads and companies for ‘hundreds of conflicting articles’ that were published on SeekingAlpha and other sites. This, coming on the day when $STRP got bought out for a 160% premium, after two years worth of wrong-headed short reports from Kerrisdale Capital, is poetic.
The claim: the authors concealed they received from stock promoters. In other words, they were complete shills, hucksters, mountebanks, posing as concerned citizens trying to hash out potential red flags in publicly traded securities. The truth is, they were using the popular platform to move the share prices of the companies they discussed, ingratiating those who took positions ahead of time.
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