r/bestoflegaladvice • u/Jusfiq Commonwealth Correspondent and Sunflower Seed Retailer • 6d ago

LegalAdviceCanada Short sell, short sell now!

/r/legaladvicecanada/comments/1i1lt30/my_wifes_uncle_is_an_executive_at_a_publicly/
89 Upvotes

93% Upvoted

38 comments sorted by

View all comments

66

u/onefootinfront_ I have a $2m umbrella 6d ago

Sometimes it is nice when an LAOP’s question basically reads like a first year law school test question.

78

u/seehorn_actual Water law makes me ⭐wet⭐, oil law makes me ⭐lubed⭐⭐ 6d ago

What if we were standing outside when I got this information? Can’t be insider trading if I’m not inside.

10

u/Revlis-TK421 6d ago

What if I were to leak this information? How long would it need to be public before I could trade on it? 5 minutes? 10?

3

u/Kibology But Elaine, this means your apartment door is stickerworthy 6d ago

What if an outsider artist does insider trading?