Replies to post #49307 on Mike The Pike Productions Inc (fka MIKP)

[kindertrader]

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

[kermit42]

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.