The Internet offers investors a wide range of information but not all of it is true or accurate, warn Canada's securities regulators. The anonymous nature of the Internet allows people to easily exaggerate and lie.
People can claim to be any sort of expert and there's no easy way to verify their claims.
At one time stock manipulation was limited to boiler rooms and shady stock promoters. Thanks to the Internet, that's no longer true. Two recent Canadian incidents drive home this fact and show how market manipulation works. The posting included an alleged news release. All the claims turned out to be false, including the news release.