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  #1  
Old 12-01-2005, 06:17 PM
NutzyClutz NutzyClutz is offline
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Join Date: Jun 2005
Posts: 125
Default Re: Imagine you were a cop...

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Reacting to unsolicited insider trading information. WTF, if someone tells me stock is trashing, i'm selling mine. Why should I be locked into doing nothing cause they opened their mouth.

[/ QUOTE ]Ummmm, this is to protect stock holders that don't have privy information. It's a pretty good law IMO.

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WHat I meant is, if a non-insider, would happen to hear insider information, they should not be held accountable.
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  #2  
Old 12-01-2005, 06:33 PM
mmcd mmcd is offline
Senior Member
 
Join Date: Jun 2004
Posts: 441
Default Re: Imagine you were a cop...

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Reacting to unsolicited insider trading information. WTF, if someone tells me stock is trashing, i'm selling mine. Why should I be locked into doing nothing cause they opened their mouth.

[/ QUOTE ]Ummmm, this is to protect stock holders that don't have privy information. It's a pretty good law IMO.

[/ QUOTE ]

WHat I meant is, if a non-insider, would happen to hear insider information, they should not be held accountable.

[/ QUOTE ]


They are not held accountable in the situation you describe.
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