Patrick Byrne & Co. Up to Dirty Message Board Tricks Again

I occasionally take a peek at stock message boards like the Investor Village Overstock.com board when I need a bit of entertainment. It’s especially interesting when the poster “Hannibal” makes statements about the financials and operations of Overstock.com and makes no disclosure that he is, in fact, Patrick Byrne the …

Whole Foods bans executives from message boards

From Zac Bissonnette at BloggingStocks: After Whole Foods Market (NASDAQ: WFMI) CEO John Mackey bizarre antics prompted an SEC investigation and widespread media hoopla, the company’s board of directors has decided on a new policy. Top executives and directors will now be explicitly prohibited from posting on online forums about …

The SEC cares when CEOs post on message boards using pseudonyms????

Note to Patrick Byrne, CEO of Overstock.com: Read carefully please. Note to readers: Check out Gary Weiss’s comments on this situation. According to the Wall Street Journal, the Securities and Exchange Commission has opened an informal inquiry into the message board postings of Whole Foods Market Inc.’s CEO John Mackey. …