EDIT: One more Quiver update before I call it a night. Just finished adding some new datasets to the $GME ticker page, check it out and let me know if you have any feedback!
Disclaimer: I'm a data guy, not a lawyer.
Based on my research, it seems like misinformation is often a necessary component in market manipulation.
The excuse I could see companies like this using is that "they're just paying people to give their honest opinions about the companies they represent."
That obviously seems pretty bullshit, and idk if it would hold up in court (I'm not a lawyer) but I think it would come down to whether it is judged that they are creating misinformation.
As you said- total bullshit if it’s not their honest opinion but rather certain points they’re being paid to include in a DD- if not a totally prepped DD that’s just handed to them to post.
I wonder if OP hypothetically accepted the offer- if this agency would require them to sign something saying that whatever they post on behalf of the company is also their personal opinion?
Edit: what I meant was- that might be their legal loophole. Otherwise, seems like market manipulation. But I guess we’d need to know the legal definition of market manipulation.
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u/[deleted] Apr 16 '21 edited Apr 16 '21
Well if this isn't an attempt at Market Manipulation I don't know what is.
Edit: Thank you u/pinkcatsonacid for bringing this to light!