Rule #1: Don't Post About Yourself Anonymously on the Internet
July 12, 2007 10:01 AM Subscribe
In January 2005, someone using the name "Rahodeb" went online to a Yahoo stock-market forum and posted this opinion: "No company would want to buy Wild Oats Markets Inc., a natural-foods grocer, at its price then of about $8 a share." Who was that random fool? Why, none other than John Mackey, co-founder and CEO of Whole Foods. Whole Foods purchased Wild Oats earlier this year for approximately $18.50 a share, but the FTC has an issue with Whole Foods buying out their competitor. Mackey had responded to the FTC's complaint on his blog, but has not posted since some of his other online comments became publicly attached to his name.
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