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  • BatemanPatrickl
    SBR Posting Legend
    • 06-21-07
    • 18772

    #1
    Shorting A Stock...
    Edited - Check the news.
  • ShamsWoof10
    SBR MVP
    • 11-15-06
    • 4827

    #2
    I would say it is but I doubt they would care... As you know Pat the market is not like wagering... You can shake up the wagering world with a million dollar bet but you wouldn't even be noticed in the market with a million... I'm not saying you're broke but just saying too small of potatoes for anyone to notice.. Make a hundred million and then you might have to worry...

    All major companies in my opinion cook their books...

    Comment
    • BatemanPatrickl
      SBR Posting Legend
      • 06-21-07
      • 18772

      #3
      Originally posted by ShamsWoof10
      I would say it is but I doubt they would care... As you know Pat the market is not like wagering... You can shake up the wagering world with a million dollar bet but you wouldn't even be noticed in the market with a million... I'm not saying you're broke but just saying too small of potatoes for anyone to notice.. Make a hundred million and then you might have to worry...

      All major companies in my opinion cook their books...

      Good advice. Let me watch this thing and see where it lands.
      Comment
      • Rollins08
        SBR MVP
        • 04-20-07
        • 1337

        #4
        It is insider trading because you have knowledge that was not made public. It does not matter if the employee was an executive or not.

        The fact is that what you know may not effect performance anyway. They feds could have been there for any number of reasons and it would be nearly impossible to prove. The only way I would worry is if you don't usually short stocks, if it was a high net and if the stock tanks it would seem very suspicious.

        Most major companies at this point do not cook their books like Sham said. In my company we get audited at least 3 times a year in my department. No one wants to get caught doing anything the least bit shady after Enron and the others.
        Comment
        • BatemanPatrickl
          SBR Posting Legend
          • 06-21-07
          • 18772

          #5
          It just dropped 7 points in the last hour, holy shit.
          Comment
          • BatemanPatrickl
            SBR Posting Legend
            • 06-21-07
            • 18772

            #6
            Originally posted by Rollins08
            It is insider trading because you have knowledge that was not made public. It does not matter if the employee was an executive or not.

            The fact is that what you know may not effect performance anyway. They feds could have been there for any number of reasons and it would be nearly impossible to prove. The only way I would worry is if you don't usually short stocks, if it was a high net and if the stock tanks it would seem very suspicious.

            Most major companies at this point do not cook their books like Sham said. In my company we get audited at least 3 times a year in my department. No one wants to get caught doing anything the least bit shady after Enron and the others.
            Edit...
            Comment
            • BatemanPatrickl
              SBR Posting Legend
              • 06-21-07
              • 18772

              #7
              It is one Yahoo message boards as well.
              Comment
              • BatemanPatrickl
                SBR Posting Legend
                • 06-21-07
                • 18772

                #8
                Local news picked it up. This stock will tank.
                Comment
                • Al Masters
                  SBR Hall of Famer
                  • 04-29-06
                  • 6940

                  #9
                  whats the stock.ill plug it, if it works ill give you 25%, but we must have the stock asap.
                  Comment
                  • Al Masters
                    SBR Hall of Famer
                    • 04-29-06
                    • 6940

                    #10
                    local news picked it up.............may be to late
                    Comment
                    • BatemanPatrickl
                      SBR Posting Legend
                      • 06-21-07
                      • 18772

                      #11
                      Originally posted by Al Masters
                      local news picked it up.............may be to late
                      Still breaking news AL...Stock should drop below 100...
                      Comment
                      • Rollins08
                        SBR MVP
                        • 04-20-07
                        • 1337

                        #12
                        Originally posted by BatemanPatrickl
                        Couldn't someone have walked past the building and noticed the cars? 30 black unmarked cars tearing into a parking lot would be easy to spot.
                        They could have, but that didn't happen here. Look, your not going to get busted, so don't worry. it seems this information is public now, but the fact is that before the information was public you knew about it and you found out from someone inside the company. The answer to your original question is yes this is insider question. But in your case, as long as it wasn't a huge amount of shares, you have nothing to worry about.
                        Comment
                        • BatemanPatrickl
                          SBR Posting Legend
                          • 06-21-07
                          • 18772

                          #13
                          200 agents were there this morning. Damn.
                          Comment
                          • BatemanPatrickl
                            SBR Posting Legend
                            • 06-21-07
                            • 18772

                            #14
                            Trading has been halted. ****!
                            Comment
                            • Al Masters
                              SBR Hall of Famer
                              • 04-29-06
                              • 6940

                              #15
                              WoW, you had a chance to make a score.
                              Trading of the stock has been suspended ??

                              what was the stock, or would you rather not say?

                              Next time you get that kind of info let us know early, if it's real ill jam it,with you as a partner.
                              Comment
                              • BatemanPatrickl
                                SBR Posting Legend
                                • 06-21-07
                                • 18772

                                #16
                                Originally posted by Al Masters
                                WoW, you had a chance to make a score.
                                Trading of the stock has been suspended ??

                                what was the stock, or would you rather not say?

                                Next time you get that kind of info let us know early, if it's real ill jam it,with you as a partner.
                                Al, send me a PM. Thanks.
                                Comment
                                • BigBollocks
                                  SBR MVP
                                  • 06-11-06
                                  • 2045

                                  #17
                                  This stock will absolutely plummet when trading resumes. I just missed out on an absolute killing no doubt, but as Rollins stated I would have been a prime target for insider trading allegations as I rarely short. The SEC's gotten pretty good with nabbing people on this kind of stuff, so it might have been for the better. Thanks for the heads up just a little ahead of time again Patrick...
                                  Comment
                                  • Ganchrow
                                    SBR Hall of Famer
                                    • 08-28-05
                                    • 5011

                                    #18
                                    The stock looks to be WCG, which was halted with news pending at 10:59:51, roughly 45 minutes prior to the initial post of this thread.
                                    Comment
                                    • BatemanPatrickl
                                      SBR Posting Legend
                                      • 06-21-07
                                      • 18772

                                      #19
                                      Originally posted by BigBollocks
                                      This stock will absolutely plummet when trading resumes. I just missed out on an absolute killing no doubt, but as Rollins stated I would have been a prime target for insider trading allegations as I rarely short. The SEC's gotten pretty good with nabbing people on this kind of stuff, so it might have been for the better. Thanks for the heads up just a little ahead of time again Patrick...
                                      Watch it fall. No BIG news yet but...
                                      Comment
                                      • Al Masters
                                        SBR Hall of Famer
                                        • 04-29-06
                                        • 6940

                                        #20
                                        Hey BB,

                                        about your signature??
                                        Comment
                                        • BigBollocks
                                          SBR MVP
                                          • 06-11-06
                                          • 2045

                                          #21
                                          Originally posted by Al Masters
                                          Hey BB,

                                          about your signature??

                                          Hey Al, I'll give a courtesy bump and all will be made clear.

                                          Just remember that you asked for it lol...
                                          Comment
                                          • BatemanPatrickl
                                            SBR Posting Legend
                                            • 06-21-07
                                            • 18772

                                            #22
                                            Originally posted by Al Masters
                                            Hey BB,

                                            about your signature??
                                            Just someone who posts false info about me; claimed that I was soliciting sex from minors. Rumors are fine but downright lies are pathetic.
                                            Comment
                                            • Al Masters
                                              SBR Hall of Famer
                                              • 04-29-06
                                              • 6940

                                              #23
                                              Originally posted by Ganchrow
                                              The stock looks to be WCG, which was halted at 10:59:51, roughly 45 minutes prior to the initial post of this thread.
                                              Hey Pat, this fella Ganchrow makes a very important point, if his statement is correct, when i would give my play to my stock guy,he will know that info and try to turn me ,the news must be early early.


                                              Any news recieved through the media does not qualify.

                                              Make sure your time frame is correct pat,as timing here and most anywhere will surely be the difference in making a score or getting a sore.

                                              At the moment i cannot see him having an agenda by giving out false times, either way hopefully someones made a friendly mistake. perhaps a time zone error.
                                              Comment
                                              • pico
                                                BARRELED IN @ SBR!
                                                • 04-05-07
                                                • 27321

                                                #24
                                                yep, not inside info if the trading has already been halted.
                                                Comment
                                                • Al Masters
                                                  SBR Hall of Famer
                                                  • 04-29-06
                                                  • 6940

                                                  #25
                                                  BB, a courtesy bump and all will be made clear??
                                                  Don't understand not sure if i want to, but i must agree that certainly is commitment.

                                                  Pat, whos posting false info bout you? yea and that would be considered a pathetic lie.

                                                  His sig is about 75 year old men , now you state someone said things bout you in refrence to kids,

                                                  I'm confused...........

                                                  I'm usually on at nights when sports and poker are discussed.........lol
                                                  Comment
                                                  • BatemanPatrickl
                                                    SBR Posting Legend
                                                    • 06-21-07
                                                    • 18772

                                                    #26
                                                    Originally posted by Al Masters
                                                    BB, a courtesy bump and all will be made clear??
                                                    Don't understand not sure if i want to, but i must agree that certainly is commitment.

                                                    pat, whos posting false info bout you? yea and that would be considered a pathetic lie.

                                                    His sig is about 75 year old men , now you state someone said things bout you in refrence to kids,

                                                    I'm confused...........

                                                    I'm usually on at nights when sports and poker is discussed.........lol
                                                    Al, hope you enjoy reading garbage, see below. Another poster claims to have dug up information on me. The poster knew he was wrong so he now makes up absurd stories about me. I offer him a $1 million dollar bet stating that I would submit my information to the mods for a background check but he backed down. The poster in question DOESN'T EVEN GAMBLE...

                                                    Quote:
                                                    Originally Posted by BatemanPatrickl
                                                    Allegations of child abuse from who? You?

                                                    No, I was just wondering if thegame1976 was banned for something such as using the forums to solicit underage sex. From that post, it would seem an appropriate reason. Maybe you could shed some light as to why he was banned?


                                                    Quote:
                                                    Originally Posted by BatemanPatrickl
                                                    No matter, the forum owner was e-mail today.

                                                    Was e-mail? He's turned into an e-mail? He was an e-mail but is no longer an e-mail? Have the steroids destroyed your brain?
                                                    __________________
                                                    Comment
                                                    • Ganchrow
                                                      SBR Hall of Famer
                                                      • 08-28-05
                                                      • 5011

                                                      #27
                                                      Originally posted by Al Masters
                                                      this fella Ganchrow makes a very important point, if his statement is correct, when i would give my play to my stock guy,he will know that info and try to turn me ,the news must be early early.

                                                      ...

                                                      At the moment i cannot see him having an agenda by giving out false times, either way hopefully someones made a friendly mistake. perhaps a time zone error.
                                                      See Current Trading Halts Info.
                                                      Comment
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