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then equal access is unattainable

Posted on: April 28, 2021 at 09:23:31 CT
pickle MU
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and chasing after an impossibility. I can buy stock in FedEx right now, but I do not have access to what goes on in their board room, meetings, phone calls, etc.

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




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