Quote:
Originally Posted by Rain Man
There's no way that person didn't have inside information.
I don't know the rules about all that stuff, though. If he was just some guy who happened to be in the Starbucks and heard two executives talking about it at the next table, is that illegal? What if he's some rank and file worker and the rumors have been running wild, but he's not in the process. I've always been curious about who is considered an insider and who isn't.
|
If you overhear someone talking at Starbucks and invest, it is NOT insider trading.