4 ms·
Is it still called stock manipulation if the bug is critical and for real and the company deserves to lose shareholder value simply for the critical nature of t
by neya 8y ago
Is it still called stock manipulation if the bug is critical and for real and the company deserves to lose shareholder value simply for the critical nature of the bug?
Imagine how many people are vulnerable out there - I'm already starting to read some complaints on the internet that some people were unknowingly sharing a video of them taking a shower, etc.
- 7Z7 8y agoDepends on when the information was made public
- floatingatoll 8y agoYes, as they would have lost less stock price if a fix had been prepared and released along with the announcement. Yes, if options purchases were made before the market found out. Yes, if their intentions were to change stock prices with the announcement in any respect whatsoever, whether up down in price and/or in volatility. No, if they were not intending to change the stock market with the announcement, regardless of the fact that they did. (Naïveté happens. So does unconcern. Still, No.)
- tcgv 8y agoIf you're are in possesion of information with the potential to impact the stock price when released and you use it in your own favor to try to make a profit, then I believe it can be characterized as an attempt of stock manipulation.
- hi5eyes 8y agoyou have to admit it is at least slightly curious the bug received attention only recently since today $aapl is set to report their earnings odd that this is so recent and the twitter account is so fresh, with so many facetime sessions esp with ios being popular among those in infosec