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Re: emdyal post# 288834

Wednesday, 07/23/2014 2:46:03 PM

Wednesday, July 23, 2014 2:46:03 PM

Post# of 360718
No. Warren Buffett for example is privy to information all the time, but for insider trading to take place there must be two criteria to be satisfied:

1) Insider information was given.

2) Trading took place.

Hence the words "insider trading".

There is no such thing as "insider not acting"

Krombacher