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Re: Jasbg post# 420539

Sunday, 01/21/2024 2:58:48 PM

Sunday, January 21, 2024 2:58:48 PM

Post# of 424179
Jasbg, is this just your gut talking, or do you have a good understanding of SEC rules regarding insider trading?

Captain, Exactly. Besides that - their 'friends' can trade personally for that matter - 100 ways to trade legally keeping the SP above $1.



And when you say their "friends" can trade personally, who exactly are you referring to? Because friends (personal or business) cannot trade on behalf of another insider with inside information.

Again, not saying this situation would qualify as violating insider trading if there is nothing material coming out in the earnings release that could potentially swing the stock price. But Denner has been sued for this once, I'm sure he doesn't want to get wrapped up in it again (I read the case, it's pretty clear what Denner did, and it was illegal).
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