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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC. -- Ignore unavailable to you. Want to Upgrade?


To: Spamboy who wrote (2048)4/21/1999 1:08:00 AM
From: Janice Shell  Read Replies (1) | Respond to of 4128
 
Extremely wealthy people don't get that way by trading stupidly. Nor are most large and reputable corporations run by idiots. In any case, a corporation would very likely negotiate the purchase of a large block of stock rather than buy it on the open market. You seem to have no idea at all how institutional trading is done.

But to return to an earlier point: were the company to leak "news" of an imminent large trade to you, without announcing it publicly, would that constitute an insider violation?

Yes. You don't appear to take securities regulations very seriously.