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Premier Exhibitions Inc. Message Board

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  • smaycs4 smaycs4 Apr 4, 2012 12:10 PM Flag

    gotta worry about someone having more info

    The bidders could be in possesion of material non-public information and could trade on it unless they made them sign a trading form before hand. If they didnt demand this, one or more parties could be trading on that info....legally I think.

    But even obviously illegal insider trading happens fairly often.

    I mean, you get to keep the money for a few years and then pay it back...if you still have it and they slap your wrist and make you promise not to do it again.

    Im holding the shares I paid 70 cents for. I will wait it out & collect whatever Sellers does I guess. (Less his salary & kickbacks)

 
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