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Status: (3) Lamborghini
Joined: Jul 2007
Posts: 1,294
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Expertise: Real Estate: Apartments
Locale: Binghamton, NY
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Re: Billionaire Entrepreneur Charged with Insider Trading!
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Nov 21st, 2008, 12:44 PM
#14 (permalink)
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I've never understood the insider trading thing either.
If Cuban got information that the company behind the stock he owns is expected to tank next week, he's supposed to hold onto his stock or buy more???? This makes no sense at all.
I can understand it if he was on the board, or was an officer. But as a stockholder?
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