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Old 12-01-2007, 01:17 AM
Shoe Shoe is offline
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Join Date: Jul 2004
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Default Re: Reopening Insider Information Debate.

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Is this insider trading?

I am the only person to study a company's annual report. I make my decision based on that. But I am the only person who read the annual report, therefore, that gives me an irrefutable giant edge because no one else has it. Is that insider trading?

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Presumably you are the CFO so yes. Otherwise you are constructing a nonsensical edge case.

Oh and where's your crown [censored]?

J

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Sorry, just didn't think we needed a 2nd thread on this considering the other one only had like 40 posts and was only a day old. Obviously my example would not be insider trading.

David -- I understand you are very smart and like to do a lot of deep thought excercises or explore certain theories. But I just feel like you are trying to turn some of your late night thoughts/theories into fact and won't listen to many of the logical posters in this forum, such as DesertCat.

To me, it seems you have made up your mind and are going to ask a lot of questions, and start a lot of threads in this forum, but yet you are only willing to listen to those who agree with you, while completely ignoring/berating anyone who disagrees with you, whether for right or wrong.

I definitely consider you to be one of the top authorities when it comes to poker. But just because you are a poker expert does not make you a stock expert (in other threads more so than this one). And although the stock market does have a few similarities to poker and sports betting, the same logic does not apply. You have the right set of skills to become great at stocks as well, but it isn't as easy as 1, 2, 3.
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