SA posts conflicting articles that indicate poor DD. They site stupid impressions that are not based on regulations or facts. SA and Motley Fool are both "swift boat" and pumper sites for day traders and shorts. The best one was the retired donut "chasing" cop on MF that was pumping Arikace under a moniker that would suggest he was a Wall Street guru.
In late January and February, the financial Website, The Street, ran articles that detailed instances in which Seeking Alpha removed at least a half dozen favorable articles about Galena Biopharma (ticker: GALE) and other biotech stocks after concluding that writers weren't being honest about their true identities. In his January 28 story for The Street, for example, senior writer Adam Feuerstein wrote that a single individual used three different pseudonyms to push articles on Seeking Alpha. After looking into the matter, the Website discovered that a single individual wrote five articles.
Most troubling is that a slew of Galena insiders sold shares of the stock in January that may have gained value, at least in part, because of the favorable but highly suspect articles. From November, shares of Galena jumped from around $2 to over $7 before falling hard to its current $3 price after news of the questionable Seeking Alpha articles came to light.