4 ms·

My point is, I can lie about purported acquisitions of companies now.

• moralestapia 5y ago
  Come on, dnautics. This is not hard. You're neither an insider of said companies, nor are you a public figure with enough influence to actually manipulate the market.
  • dnautics 5y ago
    I think the problem is that we expect the market to be fair. Because a lot of social systems depend "on the market" in really stupid ways. Maybe that's the real problem. If CEO's wanna lie, then we shouldn't trust them, but is it right for it to be illegal for them to do so? I promise you every CEO has lied (uncharitably, misreprented, charitably) at some point about their company. So in the end, it can come down to a matter of which CEO has the most political connections/political favor so as not to get jacked by the state that can arbitrarily choose to reinterpret a misrepresentation as a lie. I'm a person that actively gets politically disfavored (overrepresented minority, and all that) so that sort of shit scares the fuck out of me, since I would like to get a large amount of money to help change society for the better.
    • moralestapia 5y ago
      Just so we can appreciate the whole spectrum. A random dude made a post on reddit about how he planned to invest all of his meager (in comparison) savings into GameStop stock. The post caught on, we all know what happened, and he ended up being called by the SEC, accused of market manipulation, among other things. https://freespeechproject.georgetown.edu/tracker-entries/sec-and-other-regulators-investigate-online-calls-to-buy-gamestop-shares/ https://freespeechproject.georgetown.edu/tracker-entries/sec...
• DrBenCarson 5y ago
  As a publicly accepted absolute source on said company?