[insanitybit]

Pretty sure that it would be illegal for them to tweet insider information like that if it were false, since it's effectively a statement to shareholders.

[hef19898]

I'll take securities fraud for 420, please, but private.

[insanitybit]

That's exactly the point - by tweeting insider information you are making a public statement. We've learned this very recently...

[hashhar]

Parent meant probably meant that there's no securities fraud since no securities are involved as it's not a traded company.

[insanitybit]

The shareholders are still invested, they still have a 401A Evaluation, and these statements are definitely going to have legal weight.