2 ms·
>> I have anecdotally come across many instances where minutes or hours before a company releases big stock-moving news > That’s not insider trading, thats mar
by speedplane 7y ago
>> I have anecdotally come across many instances where minutes or hours before a company releases big stock-moving news
> That’s not insider trading, thats market sentiment being correct.
In the instances I have seen, the news that came out was not expected to come out at the time it did. It was not a scheduled quarterly report or public filing: these were surprise announcements. The market moving up or down before-hand seemed like pretty obvious proof of insider trading.