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Well... this is WSB, not the NYT. They're looking to get in on the action, not prevent it. That said, speculation is all you got. Like conflict of interest, in
by dalbasal 5y ago
Well... this is WSB, not the NYT. They're looking to get in on the action, not prevent it.
That said, speculation is all you got. Like conflict of interest, insider trading has to be dealt with "upstream" or not at all.
>> If she was trading on insider info, I would imagine she wouldn't buy Discover, a stock that's highly sensitive to consumer loans immediately before a spike in unemployment.
Insider trading is not about knowing what the prices will be in advance and trading on everything... counterexamples don't mean much. Travel related trades, in advance of travel restrictions and such are more typical. Even so, not doing a trade means even less then the speculative implications I sorta make.