photo / Todd Ross Nienkerk
Whole Foods Market Inc. founder John Mackey admits to anonymously posting messages on Yahoo’s stock forum, according to the company’s Web site.
The Wall Street Journal reported Wednesday that Mackey has been using the pseudonym “Rahodeb,” an anagram of his wife’s name, and routinely posted positive comments on Whole Foods’ [NASDAQ: WFMI] financial earnings. The Journal also reports he bashed competitor, Wild Oats Markets Inc. [NASDAQ: OATS].
According to FTC documents, Mackey has been posting these comments for the past eight years until last August.
Read the rest of the story.
Sadly, there were no comments from Rahodeb on our Whole Foods story!
screenshot from Yahoo! stock forum A post from “rahodeb” on May 23, 2003
Comments
No wonder people were suspicious. They were the only posts on Yahoo Finance message boards written in complete sentences and making a modicum of sense.
Off with his head!
Thanks, John…