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Great example! Who committed the indsider trading?

• jtsiskin 6y ago
  Trading activity the day before the public announcement was 8x higher than the yearly average. https://www.cnbc.com/2020/07/29/kodak-executive-chairman-addresses-jump-in-trading-activity-before-government-deal-was-announced.html https://www.cnbc.com/2020/07/29/kodak-executive-chairman-add...
  • fluffy87 6y ago
    Because the information leaked to the public 2 days before. The moment that happened, the information became public, and then it wasn’t insider trading anymore.
    • jandrese 6y ago
      So insider trading is impossible because as soon as the information is released to a select group of people they are automatically the public?
      • jtsiskin 6y ago
        Yes the line between "information leak" and "insider trading" sounds thin. Information leak sounds like a convenient excuse. The fact that the price jumped when the announcement was made, not when the leak first happened, shows the leak wasn't certain proof.