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re: I feel for insider traders who do it to prevent losing a fortune.
Posted on 8/8/18 at 12:51 pm to PrimeTime Money
Posted on 8/8/18 at 12:51 pm to PrimeTime Money
Posted on 8/8/18 at 12:54 pm to Samso
quote:
The investor on the other side a trade would make the decision to buy regardless of whether or not the other person has inside info.
Investor A: has inside information that Facebook is about to get destroyed. SELLS.
Investor B: Has no idea who Investor A is, but likes Facebook as a long term investment. Logs into Fidelity and clicks BUY button.
Investor B's decision is not dependent on whether Investor A has inside information or not. They would have made the losing trade no matter what information Investor A has.
That's not how the market works.
Posted on 8/8/18 at 1:29 pm to TheCaterpillar
quote:Yep, that's what I'm talking about with my OP.
Would really suck if I had a ton of stock in my company and knew it was about to tank for reasons I had nothing to do with and I can't sell it. That would fricking blow.
Posted on 8/8/18 at 1:42 pm to PrimeTime Money
In serious cases like this, just ask yourself one question.....
What Would Jesus Do?
What Would Jesus Do?
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