GREY:SFMGF - Post by User
Comment by
draxteron Mar 04, 2012 1:18pm
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Post# 19624174
RE: pretty quick to report also
RE: pretty quick to report also Hey snappyshap, I think you're right about buying and selling when a major announcement is pending/being delivered, but I'm not sure a new contract is considered a major annoucement. Companies announce contracts all the time, or at least aspire to, so it's customary to allow this type of trading. if the news were more impactful, like buy-out or bankruptsy, then they would be forbidden from trading if the news is known to them.