SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Newbridge Networks
NN 11.97+5.3%Nov 21 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JS who wrote (15545)12/9/1999 3:13:00 PM
From: WTSherman  Read Replies (1) of 18016
 
<Who are you kidding? You've obviously never been close to a pending deal. There are lots of ways to get around these insider trading rules, and it happens everyday. <

In fact, I have been there and seen the process. Someone had posted that you would know when a deal was set because you would see the "insiders buying". What I said was that you would not see "insiders" buying. What I was referring to was insiders making reported buys, after they have info on negotiations or a deal. Its only the reported buys that would be visible and those are the ones I was talking about. Obviously, the word gets out about a deal and it results in buying on inside information. But, almost never by actual company insiders who have to report these purchases. Generally, the SEC doesn't worry about a thousand shares here or there. Or a few options here or there. However, serious buying of major amounts of stock or options does result in investigations.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext