SoleInvictus

joined 1 year ago
MODERATOR OF

You make a great point, I completely agree. While the Orange Bumblefuck absolutely engaged in market manipulation, profiting by acting on non-public information is at the heart of insider trading, which I'm certain his accomplices did.

I corrected my first paragraph - it's not "privileged information" as information on illegal activities isn't legally protected nor legitimate business.

[–] SoleInvictus@lemmy.blahaj.zone 6 points 4 hours ago* (last edited 3 hours ago) (5 children)

It isn't technically privileged information - that's generally understood to mean confidential information that is legally protected so that it does not have to be given to the public. What we're working with is information about the actions the manipulator is taking to illegally manipulate the market.

It's called insider trading as the trading is being informed by someone on "the inside" who knows something about (typically) legitimate business, generally for one company or an industry, the general public does not. Examples are new developments, earnings results, impending lawsuits, etc.

Edit: it's early, I bungled the first paragraph so it got a rewrite.

[–] SoleInvictus@lemmy.blahaj.zone 3 points 11 hours ago

Same, my father yelled about anything that angered him, which was a lot, but never did it around friends or family. I thought all families were like this. Therapy taught me otherwise.

[–] SoleInvictus@lemmy.blahaj.zone 5 points 18 hours ago (1 children)

As a biologist, I'm always so happy with how versed your average Lemming is on evolution versus the bad place.

[–] SoleInvictus@lemmy.blahaj.zone 3 points 18 hours ago* (last edited 18 hours ago)

I have it, the hypermobile type (hEDS)

Upside: reduced likelihood of osteoarthritis

Downside: all the pain, doctors think you're crazy

[–] SoleInvictus@lemmy.blahaj.zone 17 points 20 hours ago

I bet they loved Iron Sky.

[–] SoleInvictus@lemmy.blahaj.zone 11 points 1 day ago (2 children)

Look into Ehlers - Danlos Syndrome, a connective tissue disorder. Sufferers describe similar symptoms.

[–] SoleInvictus@lemmy.blahaj.zone 10 points 1 day ago (2 children)

Fucking hell, Mark Geier's son? The brain worms did a number on RFK, that's pure idiocy.

[–] SoleInvictus@lemmy.blahaj.zone 6 points 1 day ago (1 children)

Dog, I think we're way past that point.

I suspect that tweet was to obfuscate the insider trading by his cronies.

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