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November 10, 2007 at 1:18 AM #98175November 10, 2007 at 1:18 AM #98182simonbartParticipant
There is just a lot of water-cooler talk at my job about a potential buy out coming down the pipeline.
Is it really insider information???
I’m sure the big analyists are already prepared for this type of thing…..and know how to profit from such a transaction. I’m just not sure how the normal joe blow can make a few bucks.November 10, 2007 at 1:18 AM #98184simonbartParticipantThere is just a lot of water-cooler talk at my job about a potential buy out coming down the pipeline.
Is it really insider information???
I’m sure the big analyists are already prepared for this type of thing…..and know how to profit from such a transaction. I’m just not sure how the normal joe blow can make a few bucks.November 10, 2007 at 7:21 AM #98126CoronitaParticipantThe SEC investigates unusual activity in a stock. Its investigation diligence is independent of the sizes of transactions. So if there is unusual activity, and the SEC investigates, you could get in trouble for trading a single share. To be safe, you would have to route trades through an unrelated party – which would involve you transferring cash to that party, which would then be detected by the IRS, assuming you routed significant amounts of cash. And, as "sandiego" pointed out, if you do not do this with significant amounts of cash, it will not return enough to be worthwhile
Yup. Think Dow Jones and the joker that attempted to inside trade there. You'd be surprised the reach of the SEC. This is particularly why I don't play stocks in the retail sector. One of my siblings does market research for I-banks and covers retail sector, does recommendations for hedge funds/ private equities etc.. I don't step within 1 foot with any companies she covers or plans to cover.
The way I look at it. It's a catch 22. For you to profit a lot from this, you would have to buy lots of shares. You most likely will get flagged for that. If you buy little shares, it won't make much of a difference. And frankly, if your company gets bought by an exorbitant price, your current stock options/stock the company gave you should be more than enough compensation. You did negotiate these when you joined your company, right? So why dick around with your own money for a couple of thousand extra? It's not worth it.
November 10, 2007 at 7:21 AM #98192CoronitaParticipantThe SEC investigates unusual activity in a stock. Its investigation diligence is independent of the sizes of transactions. So if there is unusual activity, and the SEC investigates, you could get in trouble for trading a single share. To be safe, you would have to route trades through an unrelated party – which would involve you transferring cash to that party, which would then be detected by the IRS, assuming you routed significant amounts of cash. And, as "sandiego" pointed out, if you do not do this with significant amounts of cash, it will not return enough to be worthwhile
Yup. Think Dow Jones and the joker that attempted to inside trade there. You'd be surprised the reach of the SEC. This is particularly why I don't play stocks in the retail sector. One of my siblings does market research for I-banks and covers retail sector, does recommendations for hedge funds/ private equities etc.. I don't step within 1 foot with any companies she covers or plans to cover.
The way I look at it. It's a catch 22. For you to profit a lot from this, you would have to buy lots of shares. You most likely will get flagged for that. If you buy little shares, it won't make much of a difference. And frankly, if your company gets bought by an exorbitant price, your current stock options/stock the company gave you should be more than enough compensation. You did negotiate these when you joined your company, right? So why dick around with your own money for a couple of thousand extra? It's not worth it.
November 10, 2007 at 7:21 AM #98197CoronitaParticipantThe SEC investigates unusual activity in a stock. Its investigation diligence is independent of the sizes of transactions. So if there is unusual activity, and the SEC investigates, you could get in trouble for trading a single share. To be safe, you would have to route trades through an unrelated party – which would involve you transferring cash to that party, which would then be detected by the IRS, assuming you routed significant amounts of cash. And, as "sandiego" pointed out, if you do not do this with significant amounts of cash, it will not return enough to be worthwhile
Yup. Think Dow Jones and the joker that attempted to inside trade there. You'd be surprised the reach of the SEC. This is particularly why I don't play stocks in the retail sector. One of my siblings does market research for I-banks and covers retail sector, does recommendations for hedge funds/ private equities etc.. I don't step within 1 foot with any companies she covers or plans to cover.
The way I look at it. It's a catch 22. For you to profit a lot from this, you would have to buy lots of shares. You most likely will get flagged for that. If you buy little shares, it won't make much of a difference. And frankly, if your company gets bought by an exorbitant price, your current stock options/stock the company gave you should be more than enough compensation. You did negotiate these when you joined your company, right? So why dick around with your own money for a couple of thousand extra? It's not worth it.
November 10, 2007 at 7:21 AM #98198CoronitaParticipantThe SEC investigates unusual activity in a stock. Its investigation diligence is independent of the sizes of transactions. So if there is unusual activity, and the SEC investigates, you could get in trouble for trading a single share. To be safe, you would have to route trades through an unrelated party – which would involve you transferring cash to that party, which would then be detected by the IRS, assuming you routed significant amounts of cash. And, as "sandiego" pointed out, if you do not do this with significant amounts of cash, it will not return enough to be worthwhile
Yup. Think Dow Jones and the joker that attempted to inside trade there. You'd be surprised the reach of the SEC. This is particularly why I don't play stocks in the retail sector. One of my siblings does market research for I-banks and covers retail sector, does recommendations for hedge funds/ private equities etc.. I don't step within 1 foot with any companies she covers or plans to cover.
The way I look at it. It's a catch 22. For you to profit a lot from this, you would have to buy lots of shares. You most likely will get flagged for that. If you buy little shares, it won't make much of a difference. And frankly, if your company gets bought by an exorbitant price, your current stock options/stock the company gave you should be more than enough compensation. You did negotiate these when you joined your company, right? So why dick around with your own money for a couple of thousand extra? It's not worth it.
November 10, 2007 at 8:06 AM #98215sandiegoParticipantGo ahead and tell us the company. We are not insiders and we are allowed to trade on rumor and speculation.
Is Warren Buffet buying it?
http://www.builderonline.com/industry-news.asp?sectionID=26&articleID=536325
http://www.suntimes.com/business/628080,CST-FIN-mkts31.article
http://www.topix.com/com/brka/2007/08/buffett-rumor-buoys-troubled-countrywide
http://www.topix.com/business/financial-services/2007/09/will-warren-buffett-boost-bear-stearns
November 10, 2007 at 8:06 AM #98214sandiegoParticipantGo ahead and tell us the company. We are not insiders and we are allowed to trade on rumor and speculation.
Is Warren Buffet buying it?
http://www.builderonline.com/industry-news.asp?sectionID=26&articleID=536325
http://www.suntimes.com/business/628080,CST-FIN-mkts31.article
http://www.topix.com/com/brka/2007/08/buffett-rumor-buoys-troubled-countrywide
http://www.topix.com/business/financial-services/2007/09/will-warren-buffett-boost-bear-stearns
November 10, 2007 at 8:06 AM #98208sandiegoParticipantGo ahead and tell us the company. We are not insiders and we are allowed to trade on rumor and speculation.
Is Warren Buffet buying it?
http://www.builderonline.com/industry-news.asp?sectionID=26&articleID=536325
http://www.suntimes.com/business/628080,CST-FIN-mkts31.article
http://www.topix.com/com/brka/2007/08/buffett-rumor-buoys-troubled-countrywide
http://www.topix.com/business/financial-services/2007/09/will-warren-buffett-boost-bear-stearns
November 10, 2007 at 8:06 AM #98141sandiegoParticipantGo ahead and tell us the company. We are not insiders and we are allowed to trade on rumor and speculation.
Is Warren Buffet buying it?
http://www.builderonline.com/industry-news.asp?sectionID=26&articleID=536325
http://www.suntimes.com/business/628080,CST-FIN-mkts31.article
http://www.topix.com/com/brka/2007/08/buffett-rumor-buoys-troubled-countrywide
http://www.topix.com/business/financial-services/2007/09/will-warren-buffett-boost-bear-stearns
November 10, 2007 at 8:11 AM #98218simonbartParticipantI don’t think I’m should be categorized as an insider either. I’m just one of the peons.
And as far as stock options go…..it’s such a measly amount….it might as well be squat.
November 10, 2007 at 8:11 AM #98212simonbartParticipantI don’t think I’m should be categorized as an insider either. I’m just one of the peons.
And as far as stock options go…..it’s such a measly amount….it might as well be squat.
November 10, 2007 at 8:11 AM #98217simonbartParticipantI don’t think I’m should be categorized as an insider either. I’m just one of the peons.
And as far as stock options go…..it’s such a measly amount….it might as well be squat.
November 10, 2007 at 8:11 AM #98145simonbartParticipantI don’t think I’m should be categorized as an insider either. I’m just one of the peons.
And as far as stock options go…..it’s such a measly amount….it might as well be squat.
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