4 ms·
Pretty sure that it would be illegal for them to tweet insider information like that if it were false, since it's effectively a statement to shareholders.
by insanitybit 3y ago
Pretty sure that it would be illegal for them to tweet insider information like that if it were false, since it's effectively a statement to shareholders.
- hef19898 3y agoI'll take securities fraud for 420, please, but private.
- insanitybit 3y agoThat's exactly the point - by tweeting insider information you are making a public statement. We've learned this very recently...
- hashhar 3y agoParent meant probably meant that there's no securities fraud since no securities are involved as it's not a traded company.
- insanitybit 3y agoThe shareholders are still invested, they still have a 401A Evaluation, and these statements are definitely going to have legal weight.