TiVo Community Forum Archive 1

TiVo Community Forum Archive 1 (http://archive.tivocommunity.com/tivo-vb/index.php)
- DIRECTV Receiver with TiVo (http://archive.tivocommunity.com/tivo-vb/forumdisplay.php?forumid=7)
-- Does this reporter know something we don't? (http://archive.tivocommunity.com/tivo-vb/showthread.php?threadid=182346)


Posted by herdfan on 06-29-2004 08:38 PM:

quote:
Originally posted by AbMagFab
It's insider trading if you know something is going to happen that will significantly effect the stock, up (buying) or down (selling), and that information isn't available to the general trading public, and you act on it. It doesn't have to be Tivo information in this case.

IIRC, it was a private placement sale which does not fall under the insider trading rules of the SEC. They did not sell the stock into the open market.


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