DISQUS

Christopher S. Penn's Awaken Your Superhero: Shorting a stock, 2.0 style

  • Kevin Behringer · 1 year ago
    Christopher:

    Interesting concept and one that companies will have to be careful of...especially if their stock prices rely so heavily on one person.

    One thing that makes me nervous about this is what the push-back will be with regard to citizen journalism. Will CNN just stop iReport all together? I agree that Apple needed to come out on Twitter/blogs/etc if they had one. Hey, why not take a lesson from the terrorists for every time the US seems to stop thinking about Osama? Put out a video of him to remind us.

    I worry that this just gives fuel to the fire for those people who say social media and citizen journalism are not good for the industry/world. I think that making CNN liable to the Apple shareholders sets a very dangerous precedent.

    I don't know what the answer is here. How transparent/open can we go before things start becoming detrimental to those who participate?

    I don't know, but I hope this doesn't have the negative effects that I can certainly see it having.

    Kevin
  • Christopher S. Penn · 1 year ago
    The key here really is rapid transparency. If Apple had good listening posts in place, they could have quickly slapped up a video on Apple.com from Steve saying, "Um, no, I'm fine, guys."
  • Ken · 6 months ago
    The stock chart of AAPL showing the heart attach is amazing, I need to scan for this type of news story more often, even thought I don't wish bad health on anyone