Re: New thread....
Nothing illegal at all. Khoso has told all investors what his news management strategy is. What Elliott has that most of us do not have is the experience and algorithms to trade a thinly traded, news-driven equity like this. We could do what Elliott may be doing, perfectly legal and smart, actually.
Those who bandy about CA don’t understand the law regarding actionable management actions. The only time CAs succeed (rarely) is when there is clear intention to defraud investors. Management incompetence, no matter how bad, is not grounds for recovery of damages. The courts strongly believe investing is a risk activity in which the investor bears a heavy burden to prove malfeasance.