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Yes, but if you know exactly when everyone else find out you can time your trade more easily.
by plouffy 6y ago
Yes, but if you know exactly when everyone else find out you can time your trade more easily.
- theturtletalks 6y agoCould an insider trader get information, not act on it, write an article about his scoop, and then make trades after the article's published? If the publication he writes on is obscure and not followed, is the information still considered public?
- Thorrez 6y agoSure, but that doesn't mean it "loses its value unless it is published immediately". Basically, the info has a certain amount of value, that doesn't really go down. If you pair that information with the knowledge of when it will be published, it goes up in value.
- mannykannot 6y ago> Basically, the info has a certain amount of value, that doesn't really go down. I was thinking of the value of the news to Bloomberg, which was mentioned in the article: At Bloomberg, scoops about deals are highly valued, because beating competitors like Reuters or Dow Jones helps to justify the high price of a terminal, which carries rich veins of data along with news, at a reported cost of around $24,000 a year. The terminals constitute the company’s core business. If the information is deemed important, then, as soon as Bloomberg is confident in the information's accuracy, it will publish. Once Peltz had a record of giving reliable tips, that would likely happen quickly. https://en.wikipedia.org/wiki/Scoop_%28news%29 https://en.wikipedia.org/wiki/Scoop_%28news%29
- Thorrez 5y agoThanks, that makes sense.
- jsemrau 6y agoI think it depends how this information will be distributed. If it will be syndicated, then you will know the limit already.