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Re:Hedge funds use satellite images to beat Wall Street by whymsicalburito on Friday June 21, 2019 @01:58PM (#20244855)
Yes, but it's not like the cars are ONLY visible from space. You are welcome to organize a large group of people to travel around to parking lots and count cars and then privately share your findings. What the funds are doing is just a more efficient version of that. It's all public information.
Re:Hedge funds use satellite images to beat Wall Street by smountjoy on Friday June 21, 2019 @02:44PM (#20245261)
OP agrees with you: antithesis of non-public = public.
Re:Hedge funds use satellite images to beat Wall Street by sib on Friday June 21, 2019 @09:26PM (#20247468)
Completely agree. My point is only that there's no real argument here that this is "non-public information," which is what insider trading laws are about.
Re:Hedge funds use satellite images to beat Wall Street by harimau777 on Friday June 21, 2019 @03:27PM (#20245610)
If the information is only shared privately, then it seems to me that it is by definition not public information; regardless of what the law says.
Re:Hedge funds use satellite images to beat Wall Street by ironSkillet on Friday June 21, 2019 @06:20PM (#20246747)
What is your definition of "public information"? It's trickier than you may think to define it precisely. For example, is any processed version of "public information" also public information?