3 ms·
The company was intentionally keeping him in the dark about the matters, and he put things together. Is that really insider trading?
by googlryas 9y ago
The company was intentionally keeping him in the dark about the matters, and he put things together. Is that really insider trading?
- gknoy 9y agoInsider trading requires inside _knowledge_. Deducing it oneself is not a defense. Just like classified information, it doesn't matter how you got it, it matters what you do with it.
- googlryas 9y agoAt what point does the deducing it yourself become allowable(if ever)? If I work at Amazon, and see Bezos in a conference room banging his hands on a desk and raging(which is not his normal behavior at all), I sell AMZN based on that, and then it turns out they had a massive data breach that tanks the stock price, is that insider trading?