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| Policies sway the markets. Insider trading is when knowledge of future policies is used by those with access to that knowledge can use it to their advantage over those that do not have access to that information. It is the “unfair advantage” that people have a problem with. Like it or not there will always be people who have access to that information because it is impossible for there not to be. Historically, that information is kept secret from the general population and more often than not those “in the know” use that difference in knowledge for personal gains over those that don’t know.
In this case, those “in the know” advised others to buy in also. I’m not so sure it can be considered insider trading when those “in the know” advised buying in.
It’s also a very grey area to know where to draw the line. If a politician says that they are striving for our energy to come from green energy does that also qualify as insider trading? Technically they are advising people to buy into the green agenda because of future policies. It really isn’t any different than what just happened.
I think most would feel that the issue with insider trading lies mostly with maintaining and using secrecy about future policies to have an unfair advantage over those that don’t have access to information. Advising everyone to buy in works against insider trading concept. The “inside” part is what sets insider trading apart from trading.
Edited by havin’funfarming 4/10/2025 10:19
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