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."