Rope-Buying Communists

Two of the plaintiffs in the case are led by Sister Judy Byron, an anti-gun activist who recently participated in drafting a statement from the Interfaith Center on Corporate Responsibility, where “investors representing $634 billion in assets” called for pressure on gun manufacturers and companies associated with them “to review their operations, supply chains and policies and take meaningful action on this public safety concern.” [More]

So by buying shares they fraudulently entered into a contract with the premeditated intent of filing lawsuits, undermining the board, eroding profits, and devaluing shares…? And majority stockholders don’t have a complaint against them…?

[Via Bluesgal]

Author: admin

David Codrea is a long-time gun owner rights advocate who defiantly challenges the folly of citizen disarmament.

2 thoughts on “Rope-Buying Communists”

  1. I don’t think buying stock in a company guarantees the company anything about your future actions towards it. Speculators buy stock in companies that they intend to take control of, it’s not fraud.

    1. I dunno enough about it to do anything but suggest someone who does might want to look at:

      “Market manipulation is when someone artificially affects the supply or demand for a security (for example, causing stock prices to rise or to fall dramatically). Market manipulation may involve techniques including:Spreading false or misleading information about a company…”

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