![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, December 12, 2008 12:31:27 PM
"frogdreaming,"
Prosecution for illegal insider trading is _always_ contingent on access to material nonpublic information! I have no such access! Buying enough shares to become considered an "insider" does not magically beam insider information into my head! We have been over this! The definition of "insider" has nothing to do with it; people are not prosecuted merely for being "insiders," nor for trading while being "insiders." They are prosecuted for using material nonpublic information while trading -- even non-insiders are prosecuted for that (trading with the benefit of material nonpublic information, which is called insider trading.) Trading with the benefit of material nonpublic information _is_ the prosecutable offense.
Please try to get a handle on the basics, here. It isn't hard. And please stick to the facts. You make a claim, you substantiate it. Weak innuendo, or other form of fallacy, does not count as any sort of substantiation.
Daniel Gannon
Portland, Oregon, USA
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