Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Comment by jedstervton Sep 30, 2018 11:02pm
389 Views
Post# 28719247

RE:RE:RE:Try this

RE:RE:RE:Try this
I would not be asking anyone from RNX EXCEPT Investor Relations for any information-especially if I had a large shareholding. If I knew my neighbor worked at RNX I would have made it clear to him not to tell me anything-Buzz or no Buzz. If he did tell me something anyway on his own initiative, I WOULD TAKE NO ACTION WITH MY SHARES until I (and all other shareholders) got official notice through a news release. Sure, in your hypothetical scenario I would suffer a big loss, but better that than heavy fines and maybe jail time (Remember Martha Stuart?)

Check this from Investopedia:

https://www.investopedia.com/ask/answers/what-exactly-is-insider-trading/

Quote:

"Illegal Insider Trading

The more infamous form of insider trading is the illegal use of non-public material information for profit. It's important to remember this can be done by anyone, including company executives, their friends and relatives, or just a regular person on the street, as long as the information is not publicly known. For example, suppose the CEO of a publicly-traded firm inadvertently discloses his/her company's quarterly earnings while getting a haircut. If the hairdresser takes this information and trades on it, that is considered illegal insider trading, and the SEC may take action.

The SEC is able to monitor illegal insider trading by looking at the trading volumes of any particular stock. Volumes commonly increase after material news is issued to the public, but when no such information is provided and volumes rise dramatically, this can act as a warning flag. The SEC then investigates to determine precisely who is responsible for the unusual trading and whether or not it was illegal."

<< Previous
Bullboard Posts
Next >>