PGI Energy, Inc. (PGIE)

[dcool1]

Insider Trading is the trading in a security (buying or selling a stock) based on material information that is not available to the general public. It is prohibited by the US Securities and Exchange Commission (SEC) because it is unfair and would destroy the securities markets by destroying investor confidence.

A company insider is someone who has access to the important information about a company that affects its stock price or might influence investors decisions. This is called material information.