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My point is that if you have non-public information, you can’t actually sell the shares for cash whenever you wish, so it’s not the same thing.
by alasdair_ 4y ago
My point is that if you have non-public information, you can’t actually sell the shares for cash whenever you wish, so it’s not the same thing.
- gruez 4y ago>you can’t actually sell the shares for cash whenever you wish, so it’s not the same thing. I guess it's true that you can't sell "whenever you wish", but if you set up a rule 10b5-1 plan your shares are effectively as good as cash.