@Eugine Fernando wrote:I THINK THE REGULATORS MUST TAKE NECESSARY AMENDMENTS TO STOP DIRECTORS DEALING IN THE NORMAL MARKET, WHEN A SHARE IS TRADING ACTIVE, A GOOD EXAMPLE IS PAP. THEY CAN DO SO BY THE WAY OF CROSSING, IT WON'T EFFECT SMALL INVESTORS AS SUCH. THIS IS MY PERSONAL OPINION, PLEASE PEN YOURS. THANKS ..................GL
Completely agree. directors very well know how their business is performing and can buy/sell accordingly. Retailers will be too late to react and will often get caught on these transactions.
agreed.. 1000 times.
insider trading is buying & selling stocks based on non public information that will affect stock's price. some of company directors play this dirty game using by publically unavailable information which is material that is still not public. The act puts insiders in breach of their fiduciary duty.
unfortunately, directors can buy or sell stocks using unpublished information. they should have to inform regulatory firm it. its not illegal, but they cant give any material information outsiders. anyhow, director breach their fiduciary duty using that information for their well being.
i am not going highlighted such company and everyone really knows it. i think, better avoid invest in such company shares for protecting your entire wealth. executives really enjoys massive gain by buying & selling correct point.
Companies and regulators try to prevent insider trading to ensure the integrity of the markets and maintain reputations. very few of them normally play dirty game.. most of times, i saw that have a funny sentence every company disclosed in their letter, we also confirmed that company has informed directors, key mgt. and other related parties who access to unpublished price sensitivity information to take additional etc....
you should learn.. from past, you never repeat same fault.