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kindertrader

08/03/10 1:43 PM

#49308 RE: skyrocketinsight #49307

Trading, using insider information, is illegal no matter what the price. If a trade is made based on that info, it's illegal.
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kermit42

08/03/10 2:30 PM

#49309 RE: skyrocketinsight #49307

In this case, it would be selling prior to the RS based on the knowledge that it was coming. A question does arise concerning the point at which it stops being insider information.