View Poll Results: Who do you think makes the most from insider trading?

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Thread: Who do you think makes the most from insider trading?

  1. #1
    Professor

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    Who do you think makes the most from insider trading?

    Note that I was the major influence in selecting a product from a small startup vendor, recently listed on the exchange, to use in our product. We would be the first big name to use it.

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    Sage

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    Re: Who do you think makes the most from insider trading?

    Hard to say...
    I imagine fewer and fewer men are investing in this overly risky market....this would be an interesting trend...
    Of course this insider trading should be banned, but how to do this ?????
    If the stock markets are not soon reformed and cleaned up, they will , I believe, self destruct.

  3. #3
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    Re: Who do you think makes the most from insider trading?

    Quote Originally Posted by earthworm View Post
    Hard to say...
    I imagine fewer and fewer men are investing in this overly risky market....this would be an interesting trend...
    Of course this insider trading should be banned, but how to do this ?????
    If the stock markets are not soon reformed and cleaned up, they will , I believe, self destruct.
    Here's a little nugget to stir the ol' cerebellum. The Treasury operates the PPT (Plunge Protection Team) to counter market plunges or in other words to prevent free markets. The PPT must use an agency to make its' investments. That would likely be Goldman Sachs. Ergo, they would have inside info on market swings, but do you really think they would use that info to their advantage. By the same token, who in the Treasury decides which plunges (market swings) to adjust and by how much? And who would share that info? Sounds soemwhat consporatorial to protect/adjust markets, don't you think?

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    Professor

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    Re: Who do you think makes the most from insider trading?

    Quote Originally Posted by earthworm View Post
    Hard to say...
    I imagine fewer and fewer men are investing in this overly risky market....this would be an interesting trend...
    Of course this insider trading should be banned, but how to do this ?????
    If the stock markets are not soon reformed and cleaned up, they will , I believe, self destruct.
    When you have insider information and invest accordingly you'll benifit more in a risky market.

  5. #5
    Professor

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    Re: Who do you think makes the most from insider trading?

    Quote Originally Posted by DaveFagan View Post
    Here's a little nugget to stir the ol' cerebellum. The Treasury operates the PPT (Plunge Protection Team) to counter market plunges or in other words to prevent free markets. The PPT must use an agency to make its' investments. That would likely be Goldman Sachs. Ergo, they would have inside info on market swings, but do you really think they would use that info to their advantage. By the same token, who in the Treasury decides which plunges (market swings) to adjust and by how much? And who would share that info? Sounds soemwhat consporatorial to protect/adjust markets, don't you think?
    No, sounds rational to protect from irrational plunges, i.e. 1000 point moves or more. This is needed to protect investors like me rather than allow manipulation by a few private parties.

  6. #6
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    Re: Who do you think makes the most from insider trading?

    Quote Originally Posted by OhIsee.Then View Post
    No, sounds rational to protect from irrational plunges, i.e. 1000 point moves or more. This is needed to protect investors like me rather than allow manipulation by a few private parties.
    That sounds like a rationalization, not the product of logic. Let's say you are the gov't and you notice that controlling commodity prices can influence your currency values. Are you tempted to make such adjustments? Gold, silver, etc. Dollars, Euros, and the other floaters. Floaters not to be confused with toilet floaters even allowing that there is great similarity. Floating currencies i.e. Do we want gold more desireable than dollars? More desireable than OIL? You suggest that the politicians in charge can be trusted. I think not! In a world that supports currency with confidence balloons and when a hole appears in one of the balloons, they just get a bigger confidence pump instead of repairing the balloon. Fraught with peril? Reality! Bites, no?

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    Professor

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    Re: Who do you think makes the most from insider trading?

    Quote Originally Posted by DaveFagan View Post
    That sounds like a rationalization, not the product of logic. ... You suggest that the politicians in charge can be trusted. I think not! In a world that supports currency with confidence balloons and when a hole appears in one of the balloons, they just get a bigger confidence pump instead of repairing the balloon. Fraught with peril? Reality! Bites, no?
    I see that we have a basic perception difference. The politicians make the basic rules but it’s the unelected ‘enforcers’ that implement them, e.g. the police. This division is not as easy to bridge as you think. I’m not suggesting that politicians can be trusted; I’m saying that in general the division between the politicians and regulators works. So, if I’m incorrect tell me how a congressman stays on top of what is happening in the market and directs the regulators to do him a favor.

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    Re: Who do you think makes the most from insider trading?

    I would say day traders - so none of the above. Members of Congress may be able to sell and buy certain things before mass appeal, but I doubt many of them have enough market knowledge to truly take advantage of the information they received.
    Ted Cruz is the dumbest person alive.

  9. #9
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    Re: Who do you think makes the most from insider trading?

    Quote Originally Posted by whysoserious View Post
    I would say day traders - so none of the above. Members of Congress may be able to sell and buy certain things before mass appeal, but I doubt many of them have enough market knowledge to truly take advantage of the information they received.
    Congress: Trading stock on inside information? - CBS News
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

  10. #10
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    Re: Who do you think makes the most from insider trading?

    Right, I get that. The question was not do they trade with inside information, it was who makes the most. I do not believe either of them do, I believe it would be day traders on wall street. Not only do they get inside information, but they know how to bet, hedge, and use the information properly to make tons of money fast (while minimalizing losses).
    Ted Cruz is the dumbest person alive.

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