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RE: in other words "It's not fair!!!!" (nm)
Posted on: April 28, 2021 at 09:12:27 CT
markymarksthirdnipple
STL
Posts:
7801
Member For:
14.21 yrs
Level:
User
M.O.B. Votes:
0
Yeah, it's not fair. If traders are able to trade based on information unavailable to the public, how would you possibly say that's OK?
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MESSAGE THREAD
what’s wrong with capitalism?
-
pickle
MU
-
4/28 08:54:00
Not at all(nm)
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meatiger
MU
-
4/28 10:08:55
Quite possibly.(nm)
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GA Tiger
MU
-
4/28 09:55:30
If it’s regulated, is it still capitalism? (nm)
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pickle
MU
-
4/28 10:24:30
Shocking....siding with government yet again(nm)
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meatiger
MU
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4/28 10:09:13
good post GAT (nm)
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SwampTiger
MU
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4/28 10:06:02
In fairness, GAT is probably the best suited on this board
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tigerdb
MU
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4/28 10:24:55
Wrong board(nm)
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tman
MU
-
4/28 09:33:45
good call. Actually, an excellent call.
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Ace
A
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4/28 09:52:58
is insider trading something you are comfortable with?
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Ace
A
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4/28 08:56:52
yes (nm)
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90Tiger
STL
-
4/28 10:54:13
Do I like it…no
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meatiger
MU
-
4/28 09:33:15
yes (nm)
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Sal
CMSU
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4/28 09:27:19
Cheating is fine. In elections, business, or whatever the
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hokie
VT
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4/28 09:13:47
insider trading isn't cheating (nm)
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Sal
CMSU
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4/28 09:31:28
It's fraud.
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tigerdb
MU
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4/28 09:47:56
lmfao (nm)
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90Tiger
STL
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4/28 10:53:42
You are literally dumb as sh it, teetee.
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tigerdb
MU
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4/28 14:48:19
lol no it isn’t (nm)
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pickle
MU
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4/28 10:15:49
In general insider information is not stealing
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meatiger
MU
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4/28 09:51:24
It's the taking of something that one wasn't authorized to
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tigerdb
MU
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4/28 09:55:16
No (nm)
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pickle
MU
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4/28 10:16:08
Insider trading has nothing to do with taking the info
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meatiger
MU
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4/28 09:57:04
it's not stealing information (nm)
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Sal
CMSU
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4/28 09:48:54
Then why is it illegal? Or are you attempting to
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hokie
VT
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4/28 09:45:14
oh, dear (nm)
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pickle
MU
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4/28 10:16:45
insider trading isn’t “cheating”, hokie (nm)
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pickle
MU
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4/28 09:27:02
it's not cheating if there's no rule against it (nm)
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SwampTiger
MU
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4/28 09:20:03
No rule against insider trading? I didn’t know that. So
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hokie
VT
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4/28 09:28:43
I didn't say there was no rule against it. try paying
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SwampTiger
MU
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4/28 09:29:49
he's very slow (nm)
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ashtray
UF
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4/28 09:56:44
absolutely (nm)
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pickle
MU
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4/28 09:05:03
sure, what's wrong with it? (nm)
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ashtray
UF
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4/28 08:59:29
unequal access, opportunity, gaming the system
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Ace
A
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4/28 09:04:30
what makes you think "access" (whatever the hell that
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90Tiger
STL
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4/28 10:54:48
employee and friends and family discounts are unequal
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dangertim
MU
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4/28 09:33:34
Why should non-employees have equal access
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Sal
CMSU
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4/28 09:32:17
They shouldn't...but if Company A is looking to buy Co B.
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tigerdb
MU
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4/28 09:38:43
why not? (nm)
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90Tiger
STL
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4/28 10:55:13
why not? (nm)
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ashtray
UF
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4/28 09:54:57
why does access to info have to be equal?(nm)
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MizzouAstro
MU
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4/28 09:25:46
when you've invited investors to put money into the company
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Ace
A
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4/28 09:30:38
insider trading is public information
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ashtray
UF
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4/28 09:56:01
I deserve to have free Bloomberg Terminal access to make
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dangertim
MU
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4/28 09:29:03
unequal access to what?
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pickle
MU
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4/28 09:06:24
information impacting company success and/or failure
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Ace
A
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4/28 09:10:25
then equal access is unattainable
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pickle
MU
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4/28 09:23:31
Perhaps they should have blackout periods(nm)
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tigerdb
MU
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4/28 09:34:39
I'm not here to educate you, but you are free to educate
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Ace
A
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4/28 09:25:19
circular argument - and a strawman. good work, dunce (nm)
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90Tiger
STL
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4/28 10:55:56
no one is arguing that it's not illegal
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MizzouAstro
MU
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4/28 09:27:25
the question was do markets need oversight & regulation
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Ace
A
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4/28 09:32:24
no, the original question was whether or not
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Sal
CMSU
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4/28 09:34:45
the pickle's comfortable with a lot of things that just
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tigerdb
MU
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4/28 09:39:46
feelings over facts (nm)
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pickle
MU
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4/28 09:41:24
You have provided no facts(nm)
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tigerdb
MU
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4/28 09:46:39
actually, i have
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pickle
MU
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4/28 09:51:47
No - that's an opinion.
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tigerdb
MU
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4/28 09:53:32
No, it’s a fact
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pickle
MU
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4/28 10:03:22
You have no facts - NUMBERS to back up your opinion.
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tigerdb
MU
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4/28 10:09:30
Numbers? What do numbers have to do with anything? (nm)
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pickle
MU
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4/28 10:17:46
why not? (nm)
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ashtray
UF
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4/28 09:54:15
"that just aren't right"
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Sal
CMSU
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4/28 09:40:30
“it’s the law” is not an argument
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pickle
MU
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4/28 09:25:53
Ignorance is unbecoming
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Ace
A
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4/28 09:26:36
lay down (nm)
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pickle
MU
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4/28 09:27:17
you're not very bright
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Ace
A
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4/28 09:31:03
troll (nm)
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pickle
MU
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4/28 09:37:01
your intellect grossly trails your opinion
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Ace
A
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4/28 09:55:04
DOC (nm)
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SwampTiger
MU
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4/28 09:37:46
in other words "It's not fair!!!!" (nm)
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ashtray
UF
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4/28 09:05:18
That's one way of putting it - why should company employees
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tigerdb
MU
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4/28 09:12:56
why shouldn’t they?
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pickle
MU
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4/28 09:24:36
No, it's not a signal to everybody.
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tigerdb
MU
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4/28 09:28:41
It is a signal to everyone
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pickle
MU
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4/28 09:37:40
And? (nm)
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Sal
CMSU
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4/28 09:30:36
and what?
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tigerdb
MU
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4/28 09:33:57
No, you and others aren't grasping
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Sal
CMSU
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4/28 09:35:53
RE: in other words "It's not fair!!!!" (nm)
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markymarksthirdnipple
STL
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4/28 09:12:27
The public would make decisions based off those actions (nm)
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Sal
CMSU
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4/28 09:29:14
how could you say it's not ok?(nm)
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MizzouAstro
MU
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4/28 09:26:23
Once they trade, that info is available to the public (nm)
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pickle
MU
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4/28 09:25:20
Why would that info be made public?
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cnk
ATL
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4/28 09:35:32
The info - the signal - is the movement of shares
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pickle
MU
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4/28 09:39:59
But isn't that public information only because it's a legal
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cnk
ATL
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4/28 09:45:11
If it were a member of an exchange, yes (nm)
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pickle
MU
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4/28 10:04:44
so is public disclosure a characteristic of exchanges
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cnk
ATL
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4/28 10:13:22
History of stock exchanges
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Ace
A
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4/28 10:41:25
i don’t know the history of it
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pickle
MU
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4/28 10:19:54
A bit of the history
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meatiger
MU
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4/28 10:29:22
If we assume it is a government invention
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cnk
ATL
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4/28 10:25:58
i see what you’re saying
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pickle
MU
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4/28 10:55:08
You are overthinking it
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meatiger
MU
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4/28 10:30:25
how can you argue that government regulation
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cnk
ATL
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4/28 10:41:16
the question was do markets NEED
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meatiger
MU
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4/28 10:43:27
correct
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cnk
ATL
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4/28 10:47:21
take government regulations completely out of stocks
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meatiger
MU
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4/28 10:48:45
You could always look at the last time the stock market
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tigerdb
MU
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4/28 10:52:07
We have had many crashes since(nm)
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meatiger
MU
-
4/28 10:54:28
None as severe/prolonged though. Three of the five
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tigerdb
MU
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4/28 11:11:20
All a result of expansion of credit
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pickle
MU
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4/28 11:17:12
I have no idea
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cnk
ATL
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4/28 10:49:51
It's certainly a far better system than what existed before
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tigerdb
MU
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4/28 10:36:04
Where would you put your money?
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meatiger
MU
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4/28 10:40:30
The regulations are present to give investors a level playin
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tigerdb
MU
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4/28 10:50:23
Do you know the history of govt regulations in the stock
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tigerdb
MU
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4/28 10:21:47
Do you not think exchanges would have their own set of rules
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meatiger
MU
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4/28 09:50:04
That's sort of what I'm asking
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cnk
ATL
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4/28 09:56:42
No, it's public information because they decided
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Sal
CMSU
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4/28 09:49:33
You don't comprehend cnk's point
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tigerdb
MU
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4/28 09:52:13
It would still exist without gov't regulation (nm)
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Sal
CMSU
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4/28 09:55:05
exchanges report transactions because there is an
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ashtray
UF
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4/28 09:52:49
a publicly traded company is a legal definition defined
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cnk
ATL
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4/28 09:51:06
Companies don't become public b/c of the gov't though (nm)
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Sal
CMSU
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4/28 09:56:00
"becoming public" is a government invention right?(nm)
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cnk
ATL
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4/28 10:01:46
they may have created the term
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Sal
CMSU
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4/28 10:08:47
was public disclosures part of that or was that requred
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cnk
ATL
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4/28 10:15:29
I think government put forth regulations
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meatiger
MU
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4/28 10:19:14
The government has inserted itself into trading
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meatiger
MU
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4/28 10:07:30
and the market loves that intervention - because it gives
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tigerdb
MU
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4/28 10:12:09
Let the markets do it
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meatiger
MU
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4/28 10:17:50
Welcome to 1929(nm)
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tigerdb
MU
-
4/28 10:20:25
meaning? (nm)
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pickle
MU
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4/28 10:56:17
You either missed his point or were just ignoring it.
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tigerdb
MU
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4/28 09:43:30
then they wouldn't be a publicly traded company (nm)
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Sal
CMSU
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4/28 09:45:49
LOL(nm)
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tigerdb
MU
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4/28 09:50:00
because those traders' behavior provides signals
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ashtray
UF
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4/28 09:15:27
exactly (nm)
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pickle
MU
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4/28 09:26:08
it's early in the day, but this is a nominee for worst post(nm)
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markymarksthirdnipple
STL
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4/28 09:20:23
how does someone making a profit on information that
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ashtray
UF
-
4/28 09:23:20
That's daf(nm)
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tigerdb
MU
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4/28 09:16:19
it's 100% accurate (nm)
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Sal
CMSU
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4/28 09:29:42
He's more of a child labor kinda guy(nm)
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Gyro
MU
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4/28 08:58:09
As an ambulance chaser, I'd have thought you would support
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TigerMatt
-
4/28 09:09:30
You do realize that I don't "chase ambulances" right?
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Gyro
MU
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4/28 10:10:00
he got to you (nm)
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pickle
MU
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4/28 10:26:44
like kids mowing lawns for pay?
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pickle
MU
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4/28 09:07:38