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clock Created with Sketch. 01/02/17
17:38
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Originally posted by eshmun
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There is a lot of anticipation built into this stock at the moment, as the wait for the results is stretching out. With anticipation also comes nerves. It is easy for people to believe that the results are complete failures and they will lose a lot of money that they have put in. When you see selling like today that only heightens this fear and people react in the absence of facts believing that someone in the market may know better. Ie be trading illegally with inside information. Insider trading is a breach of the corporations law and evokes penalties under the criminal code. People might believe this activity is prevelent in markets but I'd suspect it is not as prevelent as most think. People engaging in this behaviour are breaking the law and risk potential jail sentences. You will find that not everyone is willing to go to criminal lengths to make money. If they are they are extremely stupid in my mind as I'd rather live without money and be able to walk free, than be rich with the chance that someone might knock on my door with an arrest warrant.
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Very well balanced post (again) @eshmun
(20min delay)