Re:When a Crystal Ball Isn't Enough to Make You Rich – Elm P...
by immibis on Sunday December 15, 2024 @11:35AM
(#42424341)
what you describe as "not insider trading" is insider trading
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Re:When a Crystal Ball Isn't Enough to Make You Rich – Elm P...
by fsckboy on Sunday December 15, 2024 @12:54PM
(#42424798)
he's pointing out the technical definitions of the terms; you're insisting on the imprecise/wrong popular usage.
"insider trading", when insiders trade, say the CEO sells his stock bonus, is regulated (has to announce in advance, follow a plan) but completely legal. Some investors track how much insiders are trading in order to judge confidence in a stock.
"trading on inside information" (whether you are an insider or not) is not legal.
Re:When a Crystal Ball Isn't Enough to Make You Rich – Elm P...
by lizzas on Sunday December 15, 2024 @02:34PM
(#42425420)
I may have been ambiguous but I am saying if you work somewhere (pre IPO) and you can see their killing it, on fire, and are seeing a truth other companies can't see then you know (perhaps doing some more research on public info) that it is a good buy.
Also for private companies you often get an all hands with financials, sales info, strategy etc.
The bet here is: this company isn't just lucky they have a killer system. You would get shares privately if possible. Even at IPO at a higher price, knowing they are kickass you can buy then.