3 ms·
Professional traders have known this for decades. Watching for signs of insider movement and then jumping on has been a popular strategy since forever. (Of co
by ScottBurson 12y ago
Professional traders have known this for decades. Watching for signs of insider movement and then jumping on has been a popular strategy since forever. (Of course, you have to know how to read the charts... the signs are subtle and ambiguous.)
I sometimes wonder if we wouldn't be better off without the charade of insider trading laws. We could just drop them and stop pretending the water isn't shark-infested. Ironically, Wall Street might oppose this as it might make it harder to
attract suckers to the game (if I may mix metaphors).
- ISL 12y agoSome level of uniformity in not-bilking-your-shareholders expectation is probably a good thing, lest management contracts become laden with redundant boilerplate. Insider trading rules certainly hurt the efficient market hypothesis. If your goal is accurate pricing above all else, insider trading laws are bad news.
- alexeisadeski3 12y ago>>Ironically, Wall Street might oppose this as it might make it harder to attract suckers to the game (if I may mix metaphors). No way. The brokerages would brag about their access to inside information, and lure the suckers in with promises of excess returns. It'd be a goldmine. There are very few "everybody wins" simple policy changes to be found out there. This is one of them.