RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:This share price sucksFunMetaL wrote: It's sad how that is the expectation and everyone is OK with it. That's called insider trading when people start buying before a news release and it's fhucking bullish!t. Management needs to stop sharing the news before releasing it. I hope they end up in prison and get their bum bum ripped open for that.
As much as we want more transparency in markets and some have tried to make strides in eliminating insider trading, it seems it is never the case and those closer to the action seem to get the information ahead of others.
Look at BlackBerry (T:BB). In a few short days it goes from $15 to $24 with no announcements and then bang, 9PM ET last night the following gets printed:
BlackBerry Expands Partnership with Baidu to Power Next Generation Autonomous Driving Technology Are you telling me that there were dozens of smart people finding an undervalued stock and decided to buy it days before this announcement? I doubt it highly.
Mark Cuban was right in saying many years ago at the initial stages of the 2009 - 2020 bull market run in stocks that it is nothing short of a casino. I would go further and say it is a
rigged casino. Take advantage of it when and where you can by taking some money off the table and keeping dry powder always around if you can.
GLTA
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