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November 11, 2014, 01:40:57 PM |
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Make no mistake - Zynga is a public company, and as such is must stick to very strict SEC guidelines.
Among the most sever guidelines are those concerned with 'inside information' that may give some people advantage over others.
Hypothetically, if Zynga had turned to Drak and had shared with him material information, and Drak had 'shared' that info, then to the best of my knowledge AND experience as a past investment banker, the SEC would have came after Drak, and after those that shared or used the info to gain profits.
Furthermore, even FALSE posting of so-called 'inside information' that had it been true would have been materiel to the stock price of a public company would normally have the SEC swarming in at the user who posted it, because it is considered 'market manipulation'.
The regulated financial markets are the life-blood of the economy and therefore any incident that can damage the general population's trust in these markets is dealt with severe consequences. The SEC doesn't play games...
So - I have no idea if the Zynga post was a hoax, or true, if delayed, or in progress.
I just know that such info, true r false is dynamite... and with dynamite you handle with great care.
if it is true, then it will be properly announced with no prior indications, especially not from Drak who is a smart guy running ahead of the company to share this info.
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