RE:RE:RE:RE:Today's Conspiracy TheorySo Mark, you like know what you are talking about! I must admit I sometimes could, um, check my sources a little better. I figure because this is 'social media' no one believes anything anyway. But the thing I like about this forum, and it is the only one I contribute to of the companies I hold, is that it is pretty straight, and at time quite informative.
The other forums I occasionally look at are so full of crackpots as to be useless.
Sharesoc sounds like an incredible organization. Probably don't have much 'power' , as in money for lawyers etc. , but providing a way for small shareholders to 'get together' would be big.
Things have gotten a little better in Canada , security regulation wise. In the 1990s when Bre-X happened (everyone has heard of that right? biggest scandal ever in it's category) it started on the Alberta Stock Exchange. And yes it was as corrupt as the name would imply. The only one worse was the Vancouver Stock Exchange, which Forbes Magazine once called the most corrupt in the world. After Bre-X all those where combined into the TSX. And the TSX keeps things basically clean, as long as they don't have do anything. Their primary interest is making money.
The bigger problem in Canada is that there is no Federal Securites Regulator, which is quite bizarre really. Each province has their own, and , to put it politely, they are ineffective.
My experience with this lack of regulation keeps me away from small companies these days. With the big companies, if anything of concern happens they need to rent a large hall for all the lawyers that quickly get involved. If the government regualtor sends another one it doesn't really matter much. About the only thing I envy of the Americans is the SEC. Nobody messes with them!