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  1. #1

    Default Shorting A Stock...

    Edited - Check the news.
    Last edited by BatemanPatrickl; 10-24-07 at 11:44 AM.

  2. #2

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    I would say it is but I doubt they would care... As you know Pat the market is not like wagering... You can shake up the wagering world with a million dollar bet but you wouldn't even be noticed in the market with a million... I'm not saying you're broke but just saying too small of potatoes for anyone to notice.. Make a hundred million and then you might have to worry...

    All major companies in my opinion cook their books...


  3. #3

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    Quote Originally Posted by ShamsWoof10 View Post
    I would say it is but I doubt they would care... As you know Pat the market is not like wagering... You can shake up the wagering world with a million dollar bet but you wouldn't even be noticed in the market with a million... I'm not saying you're broke but just saying too small of potatoes for anyone to notice.. Make a hundred million and then you might have to worry...

    All major companies in my opinion cook their books...

    Good advice. Let me watch this thing and see where it lands.

  4. #4

    Default

    It is insider trading because you have knowledge that was not made public. It does not matter if the employee was an executive or not.

    The fact is that what you know may not effect performance anyway. They feds could have been there for any number of reasons and it would be nearly impossible to prove. The only way I would worry is if you don't usually short stocks, if it was a high net and if the stock tanks it would seem very suspicious.

    Most major companies at this point do not cook their books like Sham said. In my company we get audited at least 3 times a year in my department. No one wants to get caught doing anything the least bit shady after Enron and the others.

  5. #5

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    It just dropped 7 points in the last hour, holy shit.

  6. #6

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    Quote Originally Posted by Rollins08 View Post
    It is insider trading because you have knowledge that was not made public. It does not matter if the employee was an executive or not.

    The fact is that what you know may not effect performance anyway. They feds could have been there for any number of reasons and it would be nearly impossible to prove. The only way I would worry is if you don't usually short stocks, if it was a high net and if the stock tanks it would seem very suspicious.

    Most major companies at this point do not cook their books like Sham said. In my company we get audited at least 3 times a year in my department. No one wants to get caught doing anything the least bit shady after Enron and the others.
    Edit...
    Last edited by BatemanPatrickl; 10-24-07 at 11:48 AM.

  7. #7

  8. #8

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    Local news picked it up. This stock will tank.

  9. #9

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    whats the stock.ill plug it, if it works ill give you 25%, but we must have the stock asap.
    400pts

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  10. #10

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    local news picked it up.............may be to late
    400pts

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  11. #11

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    Quote Originally Posted by Al Masters View Post
    local news picked it up.............may be to late
    Still breaking news AL...Stock should drop below 100...

  12. #12

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    Quote Originally Posted by BatemanPatrickl View Post
    Couldn't someone have walked past the building and noticed the cars? 30 black unmarked cars tearing into a parking lot would be easy to spot.
    They could have, but that didn't happen here. Look, your not going to get busted, so don't worry. it seems this information is public now, but the fact is that before the information was public you knew about it and you found out from someone inside the company. The answer to your original question is yes this is insider question. But in your case, as long as it wasn't a huge amount of shares, you have nothing to worry about.

  13. #13

  14. #14

  15. #15

    Default

    WoW, you had a chance to make a score.
    Trading of the stock has been suspended ??

    what was the stock, or would you rather not say?

    Next time you get that kind of info let us know early, if it's real ill jam it,with you as a partner.
    400pts

    SBR POKER TOURNEY1st Place 5/18/2012

    30pts

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    2500pts

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    400pts

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  16. #16

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    Quote Originally Posted by Al Masters View Post
    WoW, you had a chance to make a score.
    Trading of the stock has been suspended ??

    what was the stock, or would you rather not say?

    Next time you get that kind of info let us know early, if it's real ill jam it,with you as a partner.
    Al, send me a PM. Thanks.

  17. #17

    Default

    This stock will absolutely plummet when trading resumes. I just missed out on an absolute killing no doubt, but as Rollins stated I would have been a prime target for insider trading allegations as I rarely short. The SEC's gotten pretty good with nabbing people on this kind of stuff, so it might have been for the better. Thanks for the heads up just a little ahead of time again Patrick...

  18. #18
    Ganchrow's Avatar Become A Pro!
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    The stock looks to be WCG, which was halted with news pending at 10:59:51, roughly 45 minutes prior to the initial post of this thread.

    SBR Founder Join Date: 8/28/2005


  19. #19

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    Quote Originally Posted by BigBollocks View Post
    This stock will absolutely plummet when trading resumes. I just missed out on an absolute killing no doubt, but as Rollins stated I would have been a prime target for insider trading allegations as I rarely short. The SEC's gotten pretty good with nabbing people on this kind of stuff, so it might have been for the better. Thanks for the heads up just a little ahead of time again Patrick...
    Watch it fall. No BIG news yet but...

  20. #20

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    Hey BB,

    about your signature??
    400pts

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    30pts

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    2500pts

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    400pts

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  21. #21

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    Quote Originally Posted by Al Masters View Post
    Hey BB,

    about your signature??

    Hey Al, I'll give a courtesy bump and all will be made clear.

    Just remember that you asked for it lol...

  22. #22

    Default

    Quote Originally Posted by Al Masters View Post
    Hey BB,

    about your signature??
    Just someone who posts false info about me; claimed that I was soliciting sex from minors. Rumors are fine but downright lies are pathetic.

  23. #23

    Default

    Quote Originally Posted by Ganchrow View Post
    The stock looks to be WCG, which was halted at 10:59:51, roughly 45 minutes prior to the initial post of this thread.
    Hey Pat, this fella Ganchrow makes a very important point, if his statement is correct, when i would give my play to my stock guy,he will know that info and try to turn me ,the news must be early early.


    Any news recieved through the media does not qualify.

    Make sure your time frame is correct pat,as timing here and most anywhere will surely be the difference in making a score or getting a sore.

    At the moment i cannot see him having an agenda by giving out false times, either way hopefully someones made a friendly mistake. perhaps a time zone error.
    400pts

    SBR POKER TOURNEY1st Place 5/18/2012

    30pts

    SBR POKER TOURNEY18th Place 5/28/2012

    2500pts

    SBR WORLD
    POKER CUP
    1st Place 2012

    400pts

    SBR POKER TOURNEY1st Place 5/10/2012


  24. #24

    Default

    yep, not inside info if the trading has already been halted.

  25. #25

    Default

    BB, a courtesy bump and all will be made clear??
    Don't understand not sure if i want to, but i must agree that certainly is commitment.

    Pat, whos posting false info bout you? yea and that would be considered a pathetic lie.

    His sig is about 75 year old men , now you state someone said things bout you in refrence to kids,

    I'm confused...........

    I'm usually on at nights when sports and poker are discussed.........lol
    Last edited by Al Masters; 10-24-07 at 12:19 PM.
    400pts

    SBR POKER TOURNEY1st Place 5/18/2012

    30pts

    SBR POKER TOURNEY18th Place 5/28/2012

    2500pts

    SBR WORLD
    POKER CUP
    1st Place 2012

    400pts

    SBR POKER TOURNEY1st Place 5/10/2012


  26. #26

    Default

    Quote Originally Posted by Al Masters View Post
    BB, a courtesy bump and all will be made clear??
    Don't understand not sure if i want to, but i must agree that certainly is commitment.

    pat, whos posting false info bout you? yea and that would be considered a pathetic lie.

    His sig is about 75 year old men , now you state someone said things bout you in refrence to kids,

    I'm confused...........

    I'm usually on at nights when sports and poker is discussed.........lol
    Al, hope you enjoy reading garbage, see below. Another poster claims to have dug up information on me. The poster knew he was wrong so he now makes up absurd stories about me. I offer him a $1 million dollar bet stating that I would submit my information to the mods for a background check but he backed down. The poster in question DOESN'T EVEN GAMBLE...

    Quote:
    Originally Posted by BatemanPatrickl
    Allegations of child abuse from who? You?

    No, I was just wondering if thegame1976 was banned for something such as using the forums to solicit underage sex. From that post, it would seem an appropriate reason. Maybe you could shed some light as to why he was banned?


    Quote:
    Originally Posted by BatemanPatrickl
    No matter, the forum owner was e-mail today.

    Was e-mail? He's turned into an e-mail? He was an e-mail but is no longer an e-mail? Have the steroids destroyed your brain?
    __________________

  27. #27
    Ganchrow's Avatar Become A Pro!
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    Quote Originally Posted by Al Masters View Post
    this fella Ganchrow makes a very important point, if his statement is correct, when i would give my play to my stock guy,he will know that info and try to turn me ,the news must be early early.

    ...

    At the moment i cannot see him having an agenda by giving out false times, either way hopefully someones made a friendly mistake. perhaps a time zone error.
    See Current Trading Halts Info.

    SBR Founder Join Date: 8/28/2005


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