Re:Is it insider trading if I bought Boeing puts while insid...
by ipaddr on Saturday January 27, 2024 @02:53PM
(#39159164)
If she put it on twitter could she legally trade on the tip? If I saw the tweet and trade is that legal?
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Re:Is it insider trading if I bought Boeing puts while insid...
by Someone on Saturday January 27, 2024 @03:07PM
(#39159299)
> If she put it on twitter could she legally trade on the tip?
IANAL, but if she traded a picosecond after tweeting: no. If she has zillions of followers and traded a year later: yes, because ’the public’ could be aware of the content of the tweet. A judge will have to decide on in-betweens. When doing that they likely will take into account how open Twitter/X is.
> If I saw the tweet and trade is that legal?
Again, IANAL, but I would think so, if she has ‘enough’ followers.