Stock market question: Isnt insider trading the lock of century

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  • bettilimbroke999
    SBR Posting Legend
    • 02-04-08
    • 13254

    #1
    Stock market question: Isnt insider trading the lock of century
    Seriously they know whether the stock is going to blow through the roof or plummet before the market does and the greediest ppl on earth are expected not to share/use that advantage, yea fukin right, save that bullshit for the tourists

    Picture this, you're Bear Stearns CEO, you know the stock price is 20 times what it should be and you know if you buy ridiculously low put options with like a week til expiration you can make 50x what most ppl make in their lifetime in 1 week and you're not gonna find some way to get some money down, yea fukin right, I'll buy that with a deed to the Golden Gate Bridge as well

    The stock market is the biggest scam of all time, hell its like being Biff's bookie after he stole that Gray's Sports Alamanac, no wonder everyone's lost half their retirement in the last year

    Why even waste the time studying the information on whose gonna win Game 5 if its already been determined?

    Thursday the earnings report comes out for RIMM, it will in all likelihood blow the stock up or down, naturally you and I have no idea whether the news will be good or bad so we have a 50/50 chance of going broke or making a big profit, meanwhile the management of RIMM already knows the outcome, so they're friends are getting millions down on the right side and about to double up, while the rest of us just flip a coin and go broke half the time

    Only way to get rich in the stock market is be an insider or work at a brokerage that charges outrageous fees in exchange for blowing half their clients retirement savings, "Sorry grandma youll have to sell your home and live in a nursing home, here's your bill for 3k for the great job we did clicking buy on a bunch of stocks that tanked, thanks for using Edward Jones"
  • paco
    SBR Aristocracy
    • 05-07-09
    • 62873

    #2
    Buy into spng, its a 14 cent stock now, but will rise, i bought it at 7 cents
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    • bettilimbroke999
      SBR Posting Legend
      • 02-04-08
      • 13254

      #3
      14 cent stock
      Least its low risk, I could buy a 100 shares for 14 bucks
      Comment
      • paco
        SBR Aristocracy
        • 05-07-09
        • 62873

        #4
        Yes, i bought $1000 worth shares at 7 cents . It will be close to 50 cents within a month
        Comment
        • pavyracer
          SBR Aristocracy
          • 04-12-07
          • 82907

          #5
          I bought RIMM in March for $40 a share. It has been in my portfolio on and off. Never buy a stock right before earnings.
          Comment
          • bettilimbroke999
            SBR Posting Legend
            • 02-04-08
            • 13254

            #6
            Originally posted by paco
            Yes, i bought $1000 worth shares at 7 cents . It will be close to 50 cents within a month
            I picked up 7 shares instead of buyin a coke
            Comment
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