4 ms·
Here's an other idea : insider trading could be allowed only for buying on good news. That way, there won't be people owning stock losing big money without warn
by oelmekki 9y ago
Here's an other idea : insider trading could be allowed only for buying on good news. That way, there won't be people owning stock losing big money without warning. Investors won't have a chance to buy stock, but this is a miss opportunity, not harm, and they'll have plenty other opportunities elsewhere, or they can even jump in during rise and still make profit, just smaller than usual. It could even be a good thing : I love to trade small amount during big unpredicted spikes, because their pullback is big as well for a few minutes, and I often make my day just on those (when there's no news and no TA reason, moves get crazy).
It would harm shorters, but since those ones are wishing harm to the company, it still seems fair.
- gnaritas 9y ago> It would harm shorters, but since those ones are wishing harm to the company, it still seems fair. No, it isn't fair; this notion that shorters are somehow bad guys is bigotry. Shorters are just as important as those who go long in keeping prices accurate, they are not bad in any way and thinking it's "fair" to fuck them is a symptom you don't understand the market. Shorters don't wish harm on companies, rather they see companies are irrationally overvalued or see the company is doing something to risky or behaving badly and expect the stock price to fall. Don't be a bigot against trading one directly over the other, they're both the same. And no, no insider trading at all, it's always stealing; you can't come up with a way to justify stealing. It's not ok to steal from investors to make up for being treated unfairly by your company.