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Re: billyboy1021 post# 9208

Wednesday, 07/23/2008 10:24:01 AM

Wednesday, July 23, 2008 10:24:01 AM

Post# of 51905
My feeling is that if you are asked to hold something in confidence, it should stay private. If you comply with the request, it is likely that a communication line will stay open. If you release that information, you are likely burning a bridge. If nothing is directly said about keeping it quiet then it up to you. If the information is good, and you make a good trade on it,you are open for litigation. If you were to post the information first then it is documented as public. After that you could make a trade based on that information and not be concerned about any backlashes.
I suppose that arguments could be made over what constitutes public information. People post public notices in the local news papers all the time. Since the SEC has allowed companies to post proxies in a public forum in liew of hard copies mailed to the house, I would expect that this board could be considered a public forum.
You don't have to own a computer. Everyone has access to the internet.Computers are available at the local Library.
Don't consider this as legal councel,just an honest opinion.