2007-07-27 10:44:03 · 9 answers · asked by asker 1 in Business & Finance ➔ Investing
It's perfectly legal as long as you don't buy or sell the stock based on info that is not available to the general public. For example, if you knew that the company was going to buy another company that would increase the share value, so you bought a bunch of stock right before the public announcement, THAT would be insider trading.
Most employees who have access to that type of inside info are blocked from trading during certain periods - the CEO, CFO, folks like that. Most rank-and-file employees don't have to worry much about insider trading.
Happy buying. :)
2007-07-27 11:12:23 · answer #1 · answered by Mel 6 · 2⤊ 0⤋
Hi,
You should try with Penny Stocks Trading (you can find more info here: http://pennystocks.toptips.org )
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share.
I've been subscribing to this PennyStock web site for about a year now and have loved the objective advice they give. He really does look for quality stocks and I've made some pretty nice profits on a lot of his suggestions. Being still fairly new to investing I have been dabbling a lot in penny stocks to try and grow my account. I may not have a big account, but it's a lot bigger than it was a year ago. On just one of Nathan's picks this year I managed to make my investment back ten-fold! Be careful! Penny stocks are notoriously risky but if you follow the right method the risk is almost 0. I suggest to invest only little money first and then reinvest the profits. This is the site I'm using: http://pennystocks.toptips.org
Best
2014-09-22 12:30:18 · answer #2 · answered by Anonymous · 0⤊ 0⤋
1
2016-12-23 20:19:18 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Insider trading only applies if you have special knowledge about a trade (for example, if your company is making a major announcement tomorrow that you know will affect the stock price) and you place a trade based on that information.
You are at liberty to buy as much stock in the company that employs you as you want, but you can't make use of knowledge others don't have.
2007-07-27 11:28:53 · answer #4 · answered by Anonymous · 0⤊ 0⤋
It depends on if you're privy on insider information. In my company, since I'm not upper level management and know very little of total overall operations, I'm allowed to trade stocks on non-blackout days.
If you're upper management, there is a way to still trade stocks. You basically have to fill out a bunch of forms and pre-plan the sale ahead of time. So you can't really day trade, but can buy and sell stocks with advanced notice.
2007-07-27 11:15:54 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Insider trading is if you are aware of something that can change the value of the companies stock and you take advantage of that. If you don't have any "inside knowledge" of things that can effect the companies stock.. then buy away.
2007-07-27 10:48:13 · answer #6 · answered by Anonymous · 1⤊ 0⤋
This penny stock service has years of proven experience. Ultimately it is the best service for beginners to use https://tr.im/pennystocktrading
You will have to wait between 3 and 10 days to get into the system in most cases. When I signed up it took 8 days. I wished it was faster, but if you can wait a week or two to start earn life changing money than you will have what it takes to make it in this business.
2016-01-17 22:00:56 · answer #7 · answered by Anonymous · 0⤊ 0⤋
As others have said insider trading is only if you have information that is not available to the public. This rule is used to try and "police" trading and make it fair for everyone.
The people that tend to have the insider information are closely watched and have to get special approval to buy.
2007-07-27 18:37:34 · answer #8 · answered by Brad H 2 · 0⤊ 0⤋
It depends.
If you work at McDonald's as the CEO then it will be considered insider trading.
If you work at McDonald's moping the floors then it is legal.
If you don't wear a suit imported from Europe to work then you don't have to worry about insider trading.
2007-07-27 18:47:29 · answer #9 · answered by Anonymous · 0⤊ 2⤋
Many companies actually encourage this. They may even help you with discounts or commission waivers. The only problem is if you have access to non-public information. Talk to your HR department.
2007-07-27 10:54:45 · answer #10 · answered by Ted 7 · 2⤊ 0⤋