3 ms·
If it is, wouldn't the best course of action to sell as soon as the news is announced? You then avoid the insider trading accusations (as the information is now
by stordoff 9y ago
If it is, wouldn't the best course of action to sell as soon as the news is announced? You then avoid the insider trading accusations (as the information is now public), but still avoid the bulk of the losses.
- toast0 9y agoNo, because the information is not considered public until it has been widely disseminate for some amount of time. As I recall, 2 business days, but it may not be strongly defined.