It obvious you"re playing with penny stocks, who by the very nature are real crap shoots and any one who believes any information about the companies whether it be good or bad, is a fool
Could you be sued - Yes, not so much for posting a letter from the CEO but possibly assisting in spreading rumors that could turn out not to be true. also you have no right in "posting" the corresponsence you received from some one else.
It's clear that you have no idea of what you're doing,
No reputiable CEO would ever respond by e-mail but some one who had maturity in business would know that.
Playing in the penny stock without any real market and/or business knowledge is not something a newbie should be doing, but most newbies don't learn this until they get burnt,
Walk away from this before you really get burnt
From the context, this is obviously some garbage penny stock.
Insider trading - no. Not clear that the email would qualify, but it appears that you traded prior to the info anyway.
You might be an unwilling dupe in a pump and dump scheme by the CEO.
A random individual has no standing to sue you over insider trading. They could report it to the SEC, but I doubt it would go anywhere.
No that you asked, but I bet the stock goes to zero quickly.
A Nobody's answer is the usual silly and jerry's answer is correct.
The issue here is not insider trading but selective disclosure. Selective disclosure happens when a corporate insider discloses material nonpublic information to a selected group of people instead of a public way offering the opportunity to anybody who might want to hear it first hand the opportunity. You can't be guilty of selective disclosure. Only the corporate insider can be guilty of it.
In any event as jerry says this is just all silly games by people pretending to be trading stocks. The company is likely worthless and the information is likely worthless.
The CEO is unlikely to give inside information to someone emailing him. If he did he would be in trouble. If you KNEW it was inside information and passed it on you could be in trouble. But was it inside information and did you know it was inside information?
All seems a bit silly to me.
If you posted it, then it's no longer inside knowledge.
Also posting is generally anonymous, so how is he going to find you??
so this guy on ihub was bashing a particular stock, i had bought millions of shares and i was pissed and wanted answers. so i emailed the ceo of the stock and asked him if these accusations were true and how progress was going. he emailed me back and i copied and pasted the response and posted it to ihub for other investors to see. now this guy is attacking me saying the ceo leaked "privledged information to a select few" which i find absurd and is pulling up sec articles and ****. i'm new to trading and i didnt think i was doing anything wrong. am i going to get sued?
