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#1
08-15-05, 09:30 PM
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You guys are confusing the perfectly legitimate action with the illegal one.
"Insiders" are allowed to trade their own stock. There is a public record of all their trades though (see above), so people canbe sure there is no funny business going on. The people on the list above are all "insiders" and those are their trades. Typically though, when you hear about "Insider Trading," you are hearing about the people who made trades acting on information they had only because they were an insider - BEFORE it became public knowledge. That's the illegal part. |
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#2
08-15-05, 09:49 PM
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This is probably one of the dumbest threads. LOL.
Just out of curiousity, am I one of the confused??
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#3
08-15-05, 09:52 PM
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Yes, I think you are.
The post was poorly titled. He wasn't trying to bust someone for illegal insider trading. All he was saying was, "Wow, look at how much this guy has made selling WPT stock!" That's all. |
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#4
08-15-05, 09:59 PM
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You're right ... I was confused when he inferred that there was illegal activity going on. I'm pretty sure I'm not confused when it comes to corporate security transactions w/ directors and officers, though.
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#5
08-15-05, 11:10 PM
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Right... but he never inferred that. You assumed he did. His "Holy ****" was a reference to the $ amounts.
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#7
08-16-05, 12:23 PM
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What? Where? Are you people all drunk?
I officially hate this thread 
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