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> A recent one: Unity CEO sold a huge amount of shares a week before they announced the pricing change on Unity.

It had to be an already scheduled sale or he will get busted. That doesn’t fly with the SEC.

> Pfizer top-people bought a huge amount of shares before their vaccine was publicly approved and they sold it the moment the public was made aware that there was a vaccine for COVID-19 approved by the FDA

By shares with expectation of approval is fine. They didn’t know it was approved.

> Microsoft bought a lot of Activision Blizzard shares a few days before they announced they would buy the company.

Do you realize how stupid this statement is? You buy a company by buying shares. Building up a stake before tendering an offer is the normal process.

> If you have privileged information, for example, that your product will be approved, something that isn't public knowledge, it should be considered insider trading.

That is insider trading and would be prosecuted if that’s what happened.



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