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Re: None

Saturday, 07/28/2012 11:53:55 AM

Saturday, July 28, 2012 11:53:55 AM

Post# of 67010

In order for it to be insider trading, you need to be an "insider", as in "employed" by the company or related to an employee of the company, or BE connected to the company in a fiduciary capacity. Most importantly the information must be of a private nature, unavailable to the public.

None of those points apply to your twisting of other's comments.
So everything is wrong with that post's credibility and the attempt to make it something it is not.

Here is one from investipedia a member just posted to the board. Where does it say one has to be employed by Cgi, or even involved with Cgi? And investipedia is an open forum edited by the general public. It is a good source of information, but not the final official say about any one subject. It's not my credibility that is at issue here.

Definition of 'Insider Trading'
The buying or selling of a security by someone who has access to material, nonpublic information about the security. Investopedia explains 'Insider Trading'
Insider trading can be illegal or legal depending on when the insider makes the trade: it is illegal when the material information is still nonpublic--trading while having special knowledge is unfair to other investors who don't have access to such knowledge. Illegal insider trading therefore includes tipping others when you have any sort of nonpublic information. Directors are not the only ones who have the potential to be convicted of insider trading. People such as brokers and even family members can be guilty.

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