Legalizing insider trading.

k20 · 08-10-2007, 07:09 AM

I'm not saying I'm for this... but I was just thinking. If insider trading was legalized, everyone could go telling everyone else what's good... then people can start making more money off the companies, and then they have more to spend moving money in the economy. Everyone can be rich off each other?

Excluding luquidations.

Trocisp · 08-13-2007, 12:39 AM

Insider trading is illegal not because everyone benifits, but because 1 or two people do, and hundreds or even thousands of people get ripped off.

**sterbo** · 08-13-2007, 01:09 AM

Quote:

Originally Posted by k20

I'm not saying I'm for this... but I was just thinking. If insider trading was legalized, everyone could go telling everyone else what's good... then people can start making more money off the companies, and then they have more to spend moving money in the economy. Everyone can be rich off each other?

Excluding luquidations.

Yea, Maybe we could invite Homeland Security in to run security checks on all members...

**5drive** · 08-13-2007, 02:43 PM

Insider trading only works if the info is available to a chosen few. Imagine a boxing match where the champion is a huge favorite and the other guy is a 500 to 1 longshot. You find out the champ is injured (say his killer right hand is next to useless) but he's going to fight anyway. If you bet big on the challenger and only tell a few friends, you and your buddies are big winners. OTOH, if you tell the world that the champ's big right hand is out of commission (assuming everyone believes you), everybody bets on the underdog and nobody cleans up on those 500 to 1 odds.

08-10-2007, 07:09 AM	#1
k20 Jr. Member Tournaments Won: 1 Join Date: Nov 2006 Posts: 2,145 Grams: 3,217.90 Thanks: 7 Thanked 21 Times in 18 Posts Stock Portfolio Total Value: 0.000 Gain/Loss: 0.000%	Legalizing insider trading. I'm not saying I'm for this... but I was just thinking. If insider trading was legalized, everyone could go telling everyone else what's good... then people can start making more money off the companies, and then they have more to spend moving money in the economy. Everyone can be rich off each other? Excluding luquidations.

08-13-2007, 02:43 PM	#4
5drive Slacker Join Date: Aug 2006 Posts: 4,522 Grams: 18,571.00 Thanks: 478 Thanked 1,372 Times in 898 Posts Stock Portfolio Total Value: 0.000 Gain/Loss: 0.000%	Insider trading only works if the info is available to a chosen few. Imagine a boxing match where the champion is a huge favorite and the other guy is a 500 to 1 longshot. You find out the champ is injured (say his killer right hand is next to useless) but he's going to fight anyway. If you bet big on the challenger and only tell a few friends, you and your buddies are big winners. OTOH, if you tell the world that the champ's big right hand is out of commission (assuming everyone believes you), everybody bets on the underdog and nobody cleans up on those 500 to 1 odds. __________________ "Make the most of the Indian Hemp Seed and sow it everywhere." George Washington "The drug is really quite a remarkably safe one for humans, although it is really quite a dangerous one for mice and they should not use it." J.W.D Henderson Director of the Bureau of Human Drugs, Health and Welfare, Canada Posting Guidelines

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