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And then you get charged for fraud, SEC doesn't take these things lightly... with this much public attention you'd have to be crazy to try to pull of a scam lik
by ivanhoe 7y ago
And then you get charged for fraud, SEC doesn't take these things lightly... with this much public attention you'd have to be crazy to try to pull of a scam like that hoping to get the money without showing any proofs to the claims...
- jcranberry 7y agoMight as well go to the SEC's offices and beg them to fine you.
- bduerst 7y agoSEC only fines short and distorts if the information being shared is proven false. Hyperbole isn't fined.
- robrenaud 7y agoDo you believe that these anti-GE claims aren't credible?
- garmaine 7y agoI don’t know enough to comment on that, but the point is that so long as they are based on a shred of truth, even if over emphasized, it is hyperbole not fraud.
- bduerst 7y agoPrecisely. Short sellers can't spread deliberate, provably-false information, but the SEC doesn't care about exaggeration.