4 ms·
I think, it is not that simple. In your case you have access to a lot more information about the company than most of investors. If you really believe in busin
by eddd 11y ago
I think, it is not that simple. In your case you have access to a lot more information about the company than most of investors. If you really believe in business that you are in, I think you should keep the stock. If something happened in company, you would be the first one at the door since you live and breathe the company's news.
It's almost insider trading, but legal.
- Marazan 11y agoThousands of Enron employees thought the same as you. They were ruined when their stock went to 0 overnight due to corporate malfeasance that was hidden from them
- eddd 11y agoEnron didn't collapse overnight. And employees should the first ones who realised that something is going wrong in the company.
- Marazan 11y agoStock price closed at $4.11 27th of Novemeber. Stock price closed at $0.60 28th of November. I'm willing to say that wasn't the literal definition of overnight but it is close enough for a turn of phrase.