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Isn't this solved with trading windows, which you only open up right after earnings calls? Or am I missing something?
by mjmahone17 12y ago
Isn't this solved with trading windows, which you only open up right after earnings calls? Or am I missing something?
- eldavido 12y agoThose don't apply to the general public. The problem is insider gets info -> calls his brother-in-law -> brother-in-law trades on early info. Illegal, but lucrative.
- kingryan 12y agoIf you're classified as an "insider" then you can't even trade in the trading windows without a 10b5-1 plan. So at TWTR (I'm a former employee) knowing things like the MAU would probably make you an insider, which means you can only sell on a plan. Not knowing the MAU is a blessing in this case.