“You’re taking a traditional boycott and applying economic metrics and in this process it gives the activist more leverage,” says financial activist Max Keiser, “Think strictly in strategic results. If you have enough boycotters and activists applying the boycott you will attract attention from the global hedge fund community, which is always looking for stocks to sell short or prices to attack.”
This information is a powerful tool for activists of all spectrums be it left-wing Occupy or further to the right Tea Party. The information is so powerful they wish to keep it secret, such as the SOPA [Stop Online Piracy Act] iPhone app or Firefox extension. Critics claim that SOPA will destroy free speech on the internet. The app works by scanning a barcode and if the company supported ‘SOPA’ through campaign donations or lobbying a ‘stop’ sign appears encouraging you to not buy this product. Receiving a ‘clear’ status results from the company’s hands being clean of the debate.
Boycotting so such a powerful tool that already numerous Senators and Representatives have switched to the oppose column concerning PIPA and SOPA despite the Hollywood lobbyist money flowing into their individual PACs and Committees. Now you’ve got a multi-trillion dollar industry blindly working with activist to attack the stock. The result is a lower stock price,” Max Keiser continues that the only way to see if your boycott is effective is by measuring the stock price. “The only thing that an activist should look for, in terms of whether they’re successful or not—it’s not what the company says, it’s not what the company writes in its annual report, it’s not what some politician says the company says—they should only look at one thing, and that’s the stock price. The stock price goes up, they’re failing; the stock price goes down, they’re winning.”
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What an excellent idea!
That is a fantastic idea. So the user scans the barcode with mobile in store, STOP sign appears and they choose not to proceed. To enhance this, why not have a deal with ZH (as well as MK.com) where this info is prominently displayed, so traders can get their hands on the aggregated data asap.
The people supporting SOPA have not given up. Boycott those who behind it and spend money with those who oppose it. Link to wikipage on organizations taking a position on SOPA:
http://en.wikipedia.org/wiki/List_of_organizations_with_official_stances_on_the_Stop_Online_Piracy_Act
Max Stacey it just suddenly hit me!
The stupid bastards think they’re being dead clever shutting down Megaupload as just the latest of a long line of file sharers in their sights but they don’t seem to realise if they stop people from being able to watch tv shows and films they can’t afford to access they’ll have time on their hands to think and dwell on and resent what’s really happening and’ll therefore be ultimately more likely to join up with Occupy or even outright riot.
If they were astute instead of pillocks they’d be making such time wasting distractions even more easy to access!
that the only way to see if your boycott is effective is by measuring the stock price. “The only thing that an activist should look for, in terms of whether they’re successful or not—
Currently working on that with a local fracing company.
Its difficult to get this point across to the local protestors.
They regard anything to do with finance as to complicated for them, and they fail to make this connection between stock price and victory
What was it? “Death by a thousand revelations”?
Simplify the connections of who’s doing what and STARVE THEM!
@ cowardlylion
What was it? “Death by a thousand revelations”?
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Yep.
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Simplify the connections of who’s doing what and STARVE THEM!
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Got it !! Thanks @ Cowardylion *wink*