A quick note this morning on anonymously stock tips, one I hope will be less cranky than yesterday’s screed.

Greenlight Capital hedge-fund manager David Einhorn last month filed suit against the Seeking Alpha website, demanding to learn the identity of an unidentified blogger who had revealed that Greenlight was acquiring shares of Micron Technology Inc. (Disclosure: I have a contentious history with Seeking Alpha, and a good relationship with Einhorn, though I doubt my critique of activist Apple investors pleased him).

That suit has now been dropped, after Greenlight said it learned the identity of the author. But it raises the interesting question of who publishes anonymous stories, and for what reason?

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Category: Hedge Funds, Legal

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

3 Responses to “Anonymous Stock Tips, Touts & Fraud”

  1. Tim says:

    “Yesterday’s screed” is hysterical – over the top! Barry has a second career option as a comedy writer. But where can we buy that option? :-)

  2. MikeR44 says:

    That’s why I have totally disregarded anything from Seeking Alpha whenever something popped up. I could see the bias long ago and rejected the source. Time is precious and better spent on The Big Picture and a few other sites.

  3. NoKidding says:

    Based on endless luck skill studies, why take tips from anyone?