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Friday, February 26, 2010 12:34:59 AM
"Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security. "
Straight from the SEC website. The timeline is NOT public information. More importantly its meaningful time sensitive information. You could figure out the best time to have funds cleared and invest the week before the PR hits the wire.
-Chris
In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. - Peter Lynch
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