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Gold/Mining/Energy : Let's tag and post insider trading

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To: Zardoz who wrote (2)12/29/1997 3:35:00 AM
From: marcos  Read Replies (1) of 43
 
Yes, we likely all share a fear of Big Brother government involvement. At the same time, when we are robbed we call the cops.... not that they do much at that point except give us an offence number for the insurance company, but they should, we expect them to do something, at that point we ruminate on the taxes we pay for government services. None of us could afford or even carry sufficient arms and ammunition to take care of all this stuff individually, and so we band together to form governments, which pass laws, some of which work and some of which don't. The trick, imho, is to make laws that work.

Hutch, I've seen jungle law, lived under it, and believe me-- just experience it for a while -- unless you're really the richest, cleverest, baddest, most paranoid mother in the valley you'll quickly come to appreciate the legal structure we enjoy in the countries following an English parliamentary system, for all its obvious faults. It's a relative thing.

"Actually, the opening comment would only make the vast majourity of insiders deal in "off shore accounts". And not report anything."

OK, good point. ..... Well, how about a law -g- which says "An insider caught circumventing the insider reporting regulations by any means shall have his shares cancelled without compensation by the treasurer of said company, and triple the profits from all devious trading confiscated, and criminal charges pressed. Forthwith." --see how easy that was?

"Better to loose a few million I think!"

Hutch, it's lose ..... loose is what your pants are just before they fall down and you lose them.

Hope that helps ...... ;-) ........ Happy New Year .......... marcos
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