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A comment on Long Island Iced Tea Soars 500% After Changing Its Name to Long Blockchain. Parent comment

Re:Long Island Iced Tea Soars 500% After Changing Its Name t... by ceejayoz on Thursday December 21, 2017 @10:35AM (#15979461)
Hard to fake a NASDAQ listing:

https://finance.google.com/finance?q=NASDAQ%3ALTEA

Whether or not the press release is a fake, the spike is real.

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Re:Long Island Iced Tea Soars 500% After Changing Its Name t... by mystcb on Thursday December 21, 2017 @11:28AM (#15980104)
Yeah, I agree - that spike is amazing and worrying at the same time. I wonder what the outcome will be from this.
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Re:Long Island Iced Tea Soars 500% After Changing Its Name t... by tokenizerrr on Thursday December 21, 2017 @10:41AM (#15979513)
Maybe I'm blind. Where does that page show their new name (other than the news ticker on the side)?
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Re:Long Island Iced Tea Soars 500% After Changing Its Name t... by rkcr on Thursday December 21, 2017 @10:43AM (#15979529)
They didn't change their name (it's just a publicity stunt), yet they still got a 200% spike in stock value. It's just absurd.
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Re:Long Island Iced Tea Soars 500% After Changing Its Name t... by falsedan on Thursday December 21, 2017 @10:45AM (#15979551)
Why would their stock ticket show anything not related to the financials of the stock?
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Re:Long Island Iced Tea Soars 500% After Changing Its Name t... by tokenizerrr on Thursday December 21, 2017 @10:55AM (#15979665)
This person is claiming that the NASDAQ listing proves that they've changed their name. Yet the link itself clearly says "Long Island Iced Tea Corp", not "Long Blockchain".

So, it would show it, because it shows the company name. And the company name is not "Long Blockchain", so the link proves nothing and the gp is full of shit.

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Re:Long Island Iced Tea Soars 500% After Changing Its Name t... by roywiggins on Thursday December 21, 2017 @11:20AM (#15980006)
The price spiked after the press release announcing the name change. The press release caused a real spike.

It seems far more likely that the name change hasn't been made formal, or if it has, it hasn't trickled into Yahoo's database yet. The press release says:

> The Company intends to request Nasdaq to change its trading symbol in connection with the name change.

It's an intention. It hasn't formally happened yet.

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Re:Long Island Iced Tea Soars 500% After Changing Its Name t... by ceejayoz on Thursday December 21, 2017 @11:25AM (#15980078)
> This person is claiming that the NASDAQ listing proves that they've changed their name.

No, I'm not.

I am claiming the spike did happen, which means even if the press release is a fake, people were happy to spike a company's value massively just on a name change that mentioned the blockchain.

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