| ▲ | anonymars 4 hours ago | |||||||||||||
This interpretation is incredibly unlikely. The first and third paragraphs discuss legality, but the middle one was merely talking about likelihood of prosecution? Even then it would be inaccurate: the regulators are not too stupid to put two and two together that you work for a company and got incredibly lucky with your trade | ||||||||||||||
| ▲ | Supermancho 3 hours ago | parent [-] | |||||||||||||
To be clear, I was responding about trading on internal communications, not specifically a raid. The practice of using internal communication to guide trading runs contrary to most company policies. I happen to have worked at a company where this kind of practice was both acknowledged and openly discussed. It was a strange place. > the regulators are not too stupid to put two and two together that you work for a company and got incredibly lucky with your trade You’re implying some specific combination of factors, but it’s not clear what you mean. What qualifies as "timing"? Around earnings, when trading volume is highest or just around some event? And what exactly counts as "lucky"? Why would regulators scrutinize a sub-$25k purchase of my own company’s stock? That concern feels overstated. Granted, I’m not a lawyer. In practice I can place a trade at any time. If someone is routinely making $20k–$30k transactions, that alone is unlikely to trigger scrutiny. The claim that you "absolutely cannot do this" is simply incorrect. I stand by that. | ||||||||||||||
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