Rick, Jo and everyone else,
I don't think I made myself clear.. sorry... and I agree with everything Rick posted. Being anticipatory is the key to making money, esp. for the small investor. That's why I have been on SI for nearly a year.
But, at what point does anticipatory sharing become, or at least possibly perceived as, insider trading? If Liberty is telling people to expect earnings of .32-.35, the numbers which were posted earlier by Mr. Gore are they crossing any legal boundaries? Put another way, if they are legally liable for the veracity of those statements, which even Jo said they were, then they are considered insiders, right? If they are insiders, can they be releasing info to a select group of people (i.e., members of the SI community and.or individual investors like Mr. Gore)?
I am definately not accusing anyone of doing anything wrong. And I am very appreciative of the service provided by Jo and her colleagues. The seem to be real pros. I am just curious about this issue...
That's why I tried to reach them earlier today and will try again tomorrow. But if Jo is reading this tonight, or anyone else can educate me on this subject, I'd be in their debt. Thanks.
Sandy
P.S. I really hope no one misunderstands and thinks I am bashing DGIV or taking a swipe at Liberty. I am still learning the BBOTC ropes and I am trying to understand its opportunites and limitations. |
