Replies to post #1405 on Revance Therapeutics Inc (RVNC)

[kris_kade]

Isn’t it illegal ? Acting on insider information before public is made aware of upcoming offering ?

Don’t think that’s how it works. Co calls few firms on intent to offer first for underwriting and the underwriters start shorting ?

To my understanding underwriters staff are not allowed to trade let alone on such info.