Re:Is it insider trading if I bought Boeing puts while insid...
by HWR_14 on Saturday January 27, 2024 @03:38PM
(#39159587)
> or an outsider who comes across data from inside the company
Doesn't it matter how you came across that data? If you were at a coffee shop and happened to overhear a bunch of Boeing engineers talking about how they were replacing bolts with hot melt glue I thought you could you trade on that. If they explicitly told you that they were replacing the bolts with hot melt glue, then you wouldn't be able to.
Re:Is it insider trading if I bought Boeing puts while insid...
by pama on Saturday January 27, 2024 @03:52PM
(#39159717)
Unless you shad signed an NDA that stated they would not disclose non-public info and then told you about the glue, in which case you could still trade on it.
Doesn't it matter how you came across that data? If you were at a coffee shop and happened to overhear a bunch of Boeing engineers talking about how they were replacing bolts with hot melt glue I thought you could you trade on that. If they explicitly told you that they were replacing the bolts with hot melt glue, then you wouldn't be able to.