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Ed the Trader

06/16/14 10:22 AM

#40655 RE: $UPERMAN #40654

First off, its NOT "Insider Trading".

That would entail actually buying or selling of shares

based on knowing information not shared publically.

"Trading" being the Key Word.

Maybe only those that never sold shares were who received email?



Over 8 million shares of PPJE have changed hands in the first 40 minutes of trading. That is about what the 10 day average is for an entire day, so how would I know who is trading, or why? What I DO know is that any trading I might do has NOT had the same advantage of the knowledge that you have been given, and although insider trading may, or may not, quite cover that, it is the closest term that I could think of to denote illegal activity.

Would you would prefer that I call the SEC this morning to ask them what they would call it, so that I can make sure that I get the terminology correct?