Versartis, Inc. (VSAR)

[ERICBOCKEM]

The first paragraph from your link:

What is 'Insider Trading'
Insider trading is the buying or selling of a security by someone who has access to material nonpublic information about the security. Insider trading can be illegal or legal depending on when the insider makes the trade. “It is illegal when the material information is still nonpublic.”

If a buyout, reverse merger or extremely positive safety data isn’t “material information that is still non public” I cannot imagine what inside information looks like.

Martha Stewart went to prison over a $45k tip. If this doubled on favorable information — the insider in this case would pocket a couple million off of “material information that is still non public”.

I am an investor in this company and would love to have this type of “inside information”. I don’t and therefore am not an insider that is trading on insider information.

Make sense??