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Originally Posted by cubbies4life
not even remotely insider trading...
Congrats Republic!!! 85% is very impressive. My hats are off to you and the beers are on me
How so. Sold his stock 2 days before the vote was final. They could see the tally. I don't know the laws but you could have a case depending on what happens to the company from here. Question is was that a planned sale or woke up and sold it that day. If he sold his common stock and it wasn't planned then you have a case. I say send over to the SEC and let them decide if he broke the laws. These svp making money selling a stock before the vote seems unethical. The fact that they know what the counts is, seems very suspicious. Let the SEC decide. Don't let these criminals pay you peanuts and let them walk with the gold.
If he had inside information that the vote wasn't going to pass putting future pressure on the company, then thats inside trading. It worth a shoot. you have nothing to loose. In fact the SEC will pay if the case is true and recover those funds.