Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: sphinx
this is still a nice trick.

You're being way too polite. This is no different than theft under the color of law. "You have to sell your holdings in this company before you gut them. Congratulations on being assigned to the case."

It essentially allows the SEC employee to get out from under what is going to be a less valuable stock because of litigation, in advance, for a legal reason. The rest of us should be so "lucky".

Maybe the way to deal with this is to watch company stock sales, and when the SEC employees start selling, sell your holdings. Of course, then they'd come after you for selling based on "insider information".

14 posted on 02/28/2014 4:35:39 AM PST by Hardastarboard (The question of our age is whether a majority of Americans can and will vote us all into slavery.)
[ Post Reply | Private Reply | To 9 | View Replies ]


To: Hardastarboard
...when the SEC employees start selling, sell your holdings.

Where would one find this information? Is there some public record of who sold stock that you or I could access?

22 posted on 02/28/2014 7:50:25 AM PST by JimRed (Excise the cancer before it kills us; feed & water the Tree of Liberty! TERM LIMITS NOW & FOREVER!)
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson