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By dittoburg on November 1, 2010 3:45 PM
I was always getting into fights with the What too. God knows how many work hours I’ll never get back spent arguing with a mentally ill soul. I might as well have had a row with my cat.
I thought the same thing Dittoburg. Or sometimes, I thought I was a jerk for fighting with a cartoon character. Who fights with cartoon characters? It kind of defines the term PLUSA.
“does an analyst who visits a company, takes a tour, and has the ability to get he CEO to pick up the phone and talk to him, (unlike me, for example) end up with the kind of nebulous and ill-defined info these guys got?”
There’s a threshold of the materiality of each individual piece of information. Insiders are defined as being in possession of material non-public information.
In the case of the railyard guys materiality is not in doubt. Whether it’s really ‘information’ or just a lucky guess that they made is in doubt, to my mind.
cobble, that’s the thread from which I sent you and dave posts over the weekend. (Why each of you would then call me a loser I still don’t understand.)
I was always getting into fights with the What too. God knows how many work hours I’ll never get back spent arguing with a mentally ill soul. I might as well have had a row with my cat.
By dittoburg on November 1, 2010 3:45 PM
I was always getting into fights with the What too. God knows how many work hours I’ll never get back spent arguing with a mentally ill soul. I might as well have had a row with my cat.
I thought the same thing Dittoburg. Or sometimes, I thought I was a jerk for fighting with a cartoon character. Who fights with cartoon characters? It kind of defines the term PLUSA.
“does an analyst who visits a company, takes a tour, and has the ability to get he CEO to pick up the phone and talk to him, (unlike me, for example) end up with the kind of nebulous and ill-defined info these guys got?”
There’s a threshold of the materiality of each individual piece of information. Insiders are defined as being in possession of material non-public information.
In the case of the railyard guys materiality is not in doubt. Whether it’s really ‘information’ or just a lucky guess that they made is in doubt, to my mind.
denton, see my earlier comment about the theoretical underpinnings of insider trading law making a lot of people queasy.
Re: analysts: Reg FD prohibits companies from giving analysts material nonpublic information unless they disclose concurrently to the public.
CGar, I still find it funny when Kens told me at Ellis that you were scared of or intimidated by me
Back, catching up:
By lechacal on November 1, 2010 1:39 PM
The more powerful player wins.
The more powerful player is the one who has more money to begin with. The ability to get nothing is power. The need to get something is weakness.
Extremely Republican!
I love when 11217 and DH cyber flirt with each other
M4l – ewww yes you can have the corners – yuck I hate those!
cobble, that’s the thread from which I sent you and dave posts over the weekend. (Why each of you would then call me a loser I still don’t understand.)
“DH, Close activities got you buried yet?”
Yeah – very lame. Doesn’t help that everyone called in sick today!
“Me too, DH. Funny that we always seem to have the “same” day.”
yeah, seriously Cgar – it sounds like we work at the same place sometimes. scary!
I was always getting into fights with the What too. God knows how many work hours I’ll never get back spent arguing with a mentally ill soul. I might as well have had a row with my cat.