Tuesday, April 09, 2013 1:12:12 PM
I do take some umbrage with your accusation, You will find times on here that I have made predictions (And stated them as so) and I have been right and wrong at times. But, in all my posts you will not find a single statement that is untrue.
The answer to your question is two-fold. First, since I am relatively new to stocks, I honestly do not know what constitutes "inside information" and "insider trading." It seems to me that Martha Stewart went to prison because she profited from information that others did not have. I am being cautious, admittedly maybe too cautious.
The second reason, and most important of the two, is that my friend asked me to keep silent. That is enough for me. Friendships, trust and integrity mean far more to me than the amount I have invested in this stock.
I do not know, though, that it could hurt to give three company names. I will defer to those more knowledgeable than myself and also check with my friend and if I get a green light I will give you three companies. If your statement is correct that it will not get him in trouble, I will gladly tell you three companies. I can tell you it is not Walmart or Kmart and that a few on hear have guessed the name of the company.
Trust you have a great day.
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