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Old student

03/17/08 2:44 PM

#9247 RE: croumagnon #9246

Copied from the Sec. Web site:


"Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security. Insider trading violations may also include "tipping" such information, securities trading by the person "tipped," and securities trading by those who misappropriate such information."

Kindly note "non public information"

RJM
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rkrw

03/17/08 3:14 PM

#9248 RE: croumagnon #9246

You can't invest on *material* insider information, period.

Meaning they can't trade if a reasonable person would think the news would move the stock materially.

Maybe gtcb legal came to the conclusion that gtcb shareholders aren't reasonable? :-)

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DragonBits

03/17/08 5:28 PM

#9262 RE: croumagnon #9246

croumagnon, I love reading these boards, so much unintended humor

>>At this point, I consider GTCB the safest stock purchase in the whole market... <<


So you think GTCB is a safer buy than JPM?