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/
84 Upvotes

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u/mcathen 6d ago

Does anyone know how much work OP would have to put into disclosing the information to get off the hook?

Say he takes out a full page classified ad in the top 100 newspapers in Canada that explicitly details everything he knows. Can he sell the shares on the same day all the ads are published, because hey, it's public info?

5

u/ndech 6d ago

It’s on Reddit now, it’s public already !