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>I would suggest you not hold stock for companies you know secret data about I imagine the way this works out for non-idiot inside traders, is that their cousi
by notch656a 5y ago
>I would suggest you not hold stock for companies you know secret data about
I imagine the way this works out for non-idiot inside traders, is that their cousin or close friend holds the stock instead. Insider trading is really only discoverable when performed by the stupid or complacent.
- syshum 5y agowhile I agree, the cousin / close friend is pretty stupid as well unless you are making minor moves. That would be easily discovered as well However I agree with the principle that it easy to do if you have any level of intelligence (and no i am not giving way how I would do it ;) ) I dont know the full solution, but it is clear by just looking at US Congress that more work needs to be done on solving insider trading