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harrytheanglo

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harrytheanglo

Re: quikrete post# 18376

Saturday, 08/20/2011 10:08:41 PM

Saturday, August 20, 2011 10:08:41 PM

Post# of 116865
An "employee" is not necessarily an 'insider." An insider is a "control Person" or a person owning more that 5% of outstanding shares. A secretary buying 1000 shares is not an insider transaction. On the other hand, if she bought 100000 shares because she knew that BNE was about to buyout TECO at $1.00 per share, she would be trading on "insider" information.
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