I was curious, and is it considered insider trading if they share important information to some outsider (a friend) and they get in on it to buy/sell shares and make a profit? (I'm assuming they would never advise on shorting because that would harm them and the company..)
Asking because this company went public a few years ago, and I went to school with the owners' nephew. At the time I was interested in trading and he talked to me about it but we didn't discuss much. Now that I realized how good of a potential opportunity this is I'm thinking of asking him for insight or whatnot, but I don't want a meaningless conversation if nothing good would come out of it, so I thought I'd ask here
(not in U.S. or North America) - does it make a difference?
Submitted April 16, 2017 at 05:47AM by champagnepapi6 http://ift.tt/2ppn0KV
