Mr. Irrelevant
Well-known member
- Joined
- Nov 26, 2001
- Posts
- 562
cjh,
Almost every company in America has been issuing dissapointing quarterly reports. The SEC has a very high success rate (over 90%) in tracking down and prosecuting those who front-run their trades based on material non-public infomation. You can bet every single large trade that took place in the days before that earnings announcement has been reviewed by the SEC.
Plus, as Katanabob mentioned, all officers had to file. The SEC knew it was going to happen and allowed the trades with probably very good knowledge of the company's financial status.
Martha isn't being investigated by the SEC just because someone didn't like one of her products. She made a big trade that probably stuck out like a prison jumpsuit in a courtroom!
By the way, I think the cushy jobs are also at the top of the pile.
Peace.
Mr. I.
Almost every company in America has been issuing dissapointing quarterly reports. The SEC has a very high success rate (over 90%) in tracking down and prosecuting those who front-run their trades based on material non-public infomation. You can bet every single large trade that took place in the days before that earnings announcement has been reviewed by the SEC.
Plus, as Katanabob mentioned, all officers had to file. The SEC knew it was going to happen and allowed the trades with probably very good knowledge of the company's financial status.
Martha isn't being investigated by the SEC just because someone didn't like one of her products. She made a big trade that probably stuck out like a prison jumpsuit in a courtroom!
By the way, I think the cushy jobs are also at the top of the pile.
Peace.
Mr. I.