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What are you talking about? You don't need to profit to insider trade. Losing 5% is a lot different than losing 50%.
by mattwilsonn888 4y ago
What are you talking about? You don't need to profit to insider trade. Losing 5% is a lot different than losing 50%.
- astrange 4y agoWhat's the point if you underperform the benchmark? This is just another form of reporting an executive "suddenly sold a bunch of stock" (when they filed a 10b5-1 plan about it months ago).
- 01100011 4y agoLosing 5% this year puts you ahead of the S&P500 :D
- mattwilsonn888 4y agoCheaters can be incompetent. I find the timing of trades of stocks closely related to what congress was voting more compelling than the under performance. Maybe you are right, but either way, the incentive should not exist at all - lawmakers having access to the markets while in office should be a blight of shame on a nation.