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Old 11-27-2007, 10:15 AM
stinkypete stinkypete is offline
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Join Date: Jul 2004
Location: lost my luckbox
Posts: 5,723
Default Re: Is This Insider Trading?

[ QUOTE ]
1) Yes
2) Yes
3) Yes

in every circumstance you are privy to information that is not public knowledge. when you act on this information you are committing insider trading.

[/ QUOTE ]

for those of you saying #3 is insider trading, what if you go play blackjack at the wynn with your gambling addict friend, who loses, and on your way out he says something like "[censored] man, i hate this place, i'm gonna blow this [censored] up". you short wynn when you get home. if this isn't insider trading, where do you draw the line?
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