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Dave wrote:
On Fri, 07 Jan 2005 20:09:37 -0500, Jeff Morris said: Are you really trying to claim that when the president of a company sells a large block of stock a week after being told that the company may fold in two weeks is not the very definition of "insider trading"? I'm telling you that you have to know more of the facts before making wild-eyed accusations. For example, suppose that he learned just before the sale that the company had just received a commitment for a large financing on very favorable terms, and that when the financing was announced after he sold, the stock took a big jump up. Dave We have to know more? Like the Enron style fake company manipulations? Like the generous loans to officers forgiven? Like the stock sales at 40% discount? Oh yes, this is a "squeaky clean" operation! You're cracking us up Dave! Maybe next you'll explain how Nixon was not a crook! |
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