What to do when you have access to inside news?

Discussion in 'Trading' started by qll, Aug 18, 2006.

  1. You can share it with a big brokerage since they do it all the time.

    Then if you get caught, have them pay your part of the fine and, MOST IMPORTANTLY, ADMIT NO WRONGDOING. This leaves you free to make up for the fine in the next one when you don't get caught! :D
     
    #31     Aug 18, 2006
  2. belavia

    belavia

    Would he be in trouble with the SEC even if he doesn't take advantage of the information?
     
    #32     Aug 18, 2006
  3. Wouldn't it be preferrable to learn to trade without news first?
     
    #33     Aug 19, 2006
  4. I'm telling.
     
    #34     Aug 19, 2006
  5. MRWSM

    MRWSM




    E PM me the inside info
     
    #35     Aug 19, 2006
  6. mjh

    mjh

    Some small town in Texas is missing their villiage IDIOT!
    --Dumbass.
     
    #36     Aug 19, 2006
  7. Go watch that movie with charlie sheen "Good Advice", and you will get a pretty good idea what golf course tips are. Ego stroking, for execs.
     
    #37     Aug 19, 2006
  8. Was this a morals question?

    This is GOLD, pureGOLD:D :D :D :D :D :D
     
    #38     Aug 19, 2006
  9. Ok...serious question now....say if by some absurd chance qll did manage to overhear some ceo or bigwig in some large company talking about earings to someone esle (not qll).......if he were to trade the stock on this info this would no longer be insider trading as i understand it......as he overheard it in a public setting where anyone within earshot could have overheard. Am i wrong about this?
     
    #39     Aug 19, 2006
  10. zdreg

    zdreg

    a serious question means it is time to close this thread. moderator do your pleasure. hit the button .
     
    #40     Aug 19, 2006