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Fake Investment News Could Be Here to Stay: Seeking Alpha.Com ?

TedTed
edited April 2017 in Fund Discussions
FYI: (The Linkster never links anything from Seeking Alpha.Com.)

The Securities and Exchange Commission is trying to rid the nation of phony stock stories. It’s safe to say that the agency has a steep climb ahead of it.

On Monday, the SEC announced that it is cracking down on stock promotion schemes that played out on Seeking Alpha, Benzinga, Wall Street Cheat Sheet and other investment websites in recent years.
Regards,
Ted
http://www.barrons.com/articles/fake-investment-news-could-be-here-to-stay-1491951655

Comments

  • edited April 2017
    From the article: "In other words, the best bulwark against fake investment news is your own judgment."

    Isn't that true for all supposed news whether spoken or written? How do any of us know that Barrons didn't print this because they're running low on 'clicks' at their website?

    Truth is I don't know that (insert financial news source here) is any more or less reliable than any other. Ultimately I am responsible for my decisions and actions. I feel that there exists a huge shortage of that (i.e. personal responsibility) these days and nearly everything from everywhere is subject to suspicion. I would also add that if you made some financial decision based on one article you read from one single source that you deserve whatever fallout is rained upon you.
  • @Mark- For years I've blamed various disastrous investment episodes on you when I've been explaining to my wife. Now you're making me feel like a scumball. OK, OK: in the future I'll blame MJG. :)
  • @OJ - oh crap! Now she's going to kick both of our butts. She doesn't read this drivel does she?
  • @Mark- No, very fortunately for me!
  • @MFO Members: I failed to mention Zero Hedge.Com in my previous post.
    Regards,
    Ted
  • Zero Hedge has about as much credibility as Breitbart.
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