Thread: WaKE uP sHeEp
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Old 09-20-2003, 07:20 PM  
Mr.Fiction
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Join Date: Feb 2002
Location: Free Speech Land
Posts: 9,484
Is it considered insider trading for someone to license something to a company with the intent to buy stock before the deal is made, then make money on selling the stock after a press release comes out about the deal?

It seems like it's exactly the kind of thing that would be illegal.

Make a private deal to boost the stock price, buy the stock before the deal is announced, then dump the stock after the press release about your deal becomes public.

I'm not talking about Acacia, just in general.
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