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David SklanskyAdministrator
Carpal \'Tunnel


Reged: 08/28/02
Posts: 5092
I Think I Have A Partial Answer
      11/30/07 02:04 AM

Most of you, including Jason Stausser are wrong. I'd make a small bet on it. Just using pure thought.

When I saw a long line at the newly installed Monopoly machines I immediately bought Williams. And I screwed the seller. Except that he should have realized that someone might have been doing that to him. It is a legitimate part of the game. And as unpalatable as it might sound, the same is true if I overhear two terrorists on their way to bomb the Bellagio (especially if I report them first). The possibility that something along those lines is going on should be part of your calculations. Unless you are DesertCat. It is ridiculous to have laws that expect people to refrain from stuff like that.

The only time the answer is unclear, I would think, is if the information is specifically related to undisclosed aspects of a business that is only privy to insiders. That is why I would think the executive who sells a competitor's stock short when he can't buy his own, is likely breaking the law. As far as someone overhearing executives and then trading on it, my take would be that he gets off but that the executives reimburse those who lost money due to their carelessness.

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Entire topic
Subject Posted by Posted on
* Reopening Insider Information Debate. David SklanskyAdministrator 11/30/07 01:02 AM
. * * Re: Reopening Insider Information Debate. DesertCat   11/30/07 03:10 PM
. * * Re: Reopening Insider Information Debate. ahnuldModerator   11/30/07 03:12 PM
. * * Re: Reopening Insider Information Debate. eastbay   11/30/07 02:47 PM
. * * Re: Reopening Insider Information Debate. Jimbo   11/30/07 12:40 PM
. * * Re: Reopening Insider Information Debate. PairTheBoard   12/01/07 02:32 PM
. * * Re: Reopening Insider Information Debate. David SklanskyAdministrator   12/01/07 03:05 PM
. * * Re: Reopening Insider Information Debate. PairTheBoard   12/01/07 08:06 PM
. * * Re: Reopening Insider Information Debate. David SklanskyAdministrator   12/02/07 01:49 AM
. * * Re: Reopening Insider Information Debate. CrushinFelt   11/30/07 10:50 AM
. * * Re: Reopening Insider Information Debate. DesertCat   11/30/07 03:04 PM
. * * Re: Reopening Insider Information Debate. Mark1808   11/30/07 10:34 AM
. * * Re: Reopening Insider Information Debate. johndenver   11/30/07 10:41 AM
. * * Re: Reopening Insider Information Debate. SenatorKevin   11/30/07 01:25 AM
. * * I Think I Have A Partial Answer David SklanskyAdministrator   11/30/07 02:04 AM
. * * Re: I Think I Have A Partial Answer Jason Strasser (strassa2)   12/02/07 01:08 AM
. * * Re: I Think I Have A Partial Answer David SklanskyAdministrator   12/02/07 01:56 AM
. * * Re: I Think I Have A Partial Answer Jason Strasser (strassa2)   12/02/07 02:39 AM
. * * Re: I Think I Have A Partial Answer David SklanskyAdministrator   12/02/07 03:25 AM
. * * Re: I Think I Have A Partial Answer bills217   12/02/07 02:51 AM
. * * Re: I Think I Have A Partial Answer Groty   11/30/07 01:23 PM
. * * Re: I Think I Have A Partial Answer Mark1808   11/30/07 10:58 AM
. * * Re: I Think I Have A Partial Answer CrushinFelt   11/30/07 11:27 AM
. * * Re: I Think I Have A Partial Answer adios   11/30/07 07:58 AM
. * * Re: I Think I Have A Partial Answer ahnuldModerator   11/30/07 10:06 AM
. * * Re: I Think I Have A Partial Answer SenatorKevin   11/30/07 02:13 AM
. * * Re: I Think I Have A Partial Answer David SklanskyAdministrator   11/30/07 02:51 AM
. * * Re: I Think I Have A Partial Answer TWCReborn   11/30/07 09:42 PM
. * * Re: I Think I Have A Partial Answer TWCReborn   11/30/07 09:45 PM
. * * Re: I Think I Have A Partial Answer Tater10   11/30/07 07:19 AM
. * * Re: Reopening Insider Information Debate. Shoe   11/30/07 01:15 AM
. * * Re: Reopening Insider Information Debate. jaydub   11/30/07 01:45 AM
. * * Re: Reopening Insider Information Debate. Shoe   12/01/07 12:17 AM
. * * Re: Reopening Insider Information Debate. stephenNUTS   12/01/07 09:39 AM
. * * Re: Reopening Insider Information Debate. SenatorKevin   11/30/07 01:30 AM
. * * Re: Reopening Insider Information Debate. johndenver   11/30/07 01:14 AM
. * * Re: Reopening Insider Information Debate. mtgordon   11/30/07 01:11 AM

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