User 217769

Blogonomics: Market Manipulation?

So you say Jackson wrote you this?....

"We love that we publish articles on the short side; they help investors to avoid potholes, generate real discussion of companies and their businesses, and are a fresh change from the bland rehashes of press releases that are too frequent in financial media."

Apparently Jackson has a difficult time distinguishing between a legitimate short analysis and blatant lies. A legitimate short analysis provides real facts and figures to substantiate their opinion whereas an illegal fraud is one where lies are made up to manipulate the stock price. You and Jackson are evidently incapable of telling the difference so here is Webster's definition for you:

Fraud:

1 a: deceit, trickery; specifically : intentional perversion of truth in order to induce another to part with something of value or to surrender a legal right b: an act of deceiving or misrepresenting : trick


wire fraud:

fraud committed using a means of electronic communication (as a telephone or computer)


You go on to say:

"If Mulcahy's post is factually incorrect, then all it does is put the stock on sale, and create a fabulous buying opportunity. On the other hand, if Mulcahy has a point, then they learn about the company and can adjust their analysis of it accordingly."

Oh, really? This kind of fraud is used to drive the stock down making it much more difficult to raise capital for startup companies. The whole intent is so devalue a Company stock until it becomes worthless in order to maximize their short position. Long's will sleep better knowing their Company's stock is being illegally manipulated making it more difficult to raise capital. Right.

When publishing BS like Mulcahy's you should remember the old saying..."You are intitled to your own opinions but NOT your own set of facts."