[exeftWabreava]

bet on the horses.

[7UENf0w7]

Oh come on, you work at GS. Tip off some of the high-frequency trading guys.

[clorkergo]

I am pretty sure the thread starter is describing a situation that could quickly become a paradox.

[FsQGF1Mp]

Oh come on, you work at GS. Tip off some of the high-frequency trading guys.

I am OVER THE WALL, you *******.

That would be a violation of the rules of NUMEROUS SEC, FSA and OTHER REGULATORY AGENCIES.

:wiglaf:

[Deribasov]

No. We follow the rules. We only get in trouble when they change the rules ex post facto.

[invasuant]

Also, time travel is a totally legitimate source of insider information - by predicting the future price you are providing a VALUABLE SERVICE and are justly compensated.

[klnbgqr]

Also, time travel is a totally legitimate source of insider information - by predicting the future price you are providing a VALUABLE SERVICE and are justly compensated.

By this same rationale, all insider trading should be legal (which I actually believe....a belief I will not act upon so long as it is illegal/considered unethical).

[Forex Autopilot]

What bad incentives?

[carline]

Corporate insiders mostly do not have much control over stock prices. Those who do place large value (in general) on being seen to increase the stock's value relative to the amount of money they could make by ****ing with their company.

[Golotop]

That is a well-known and discussed point.

[xtrslots]

One often hears that the insider rules are set up to protect investors from getting ripped off.


This is of course bull since purpose of the market is to aggregate information, wtf subvert this by theoretically excluding informed participants? Just warn individual investors that trying to pick stocks is likley to end up with them getting ripped off, they should know this anyway even with the ban in place.

Also, the argument that more insider trading would produce less net stock investment is overstated.

[JorgiOLusinio]

pump and dumps from the insiders...

[w4WBthjv]

What effect on volume do you think an insider would have though?

ON a large corp, an individual insider would be negligible. But a corporate insider (for example, the bank that is providing funds for a takeover bid at a 30% over the trading price) could have the actual ability to snap up a significant number of shares

[ricochettty]

Did you really feel it was necessary to express that by bumping a thread that is almost two months old?

[giftbestcom]

???

The last post in this thread was May 31.

[Lebybynctisee]

Al B. Sure!
This message is hidden because Al B. Sure! is on your ignore list.

The funny thing is that's more beneficial to me than to you. Now I won't have you responding to my posts with ****ING RETARD!

[Kilaoksrsa]

Al B. Sure!
This message is hidden because Al B. Sure! is on your ignore list.

Repeatedly quoting that makes having someone on the ignore list pointless.

[Andromino]

Flubber: the entire point is that insider trading makes the unavailable information available. Making the information available sooner increases efficiency by reallocating capital sooner than it otherwise would have been.

[agiopwer]

Any discussions I have seen about market efficiency references AVAILABLE information (as in available to all) driving the price.

Uhhhh.....NO



The WHOLE POINT OF THE MARKET is to aggregate various pieces of information together with judgment in order to represent everything as a single price.

[PoideAdelereX]

How do we decide what an apple is worth?

"Throw it out of a window and see how many people jump after it." - Steve Wozniak