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How Not To Be An Inside Trader

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Iceland Spar
11/17/08

In reply to How Not To Be An Inside Trader
The only thing that would make this a more idiotic attmept would be if Cuban accidently dialed up the SEC division of Enforcement instead of his broker and said - Hi, I'd like to make an illegal, insider trade.
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Aaron Altman
11/17/08

In reply to How Not To Be An Inside Trader
Watch for wall-to-wall coverage on HDNet, guaranteed!
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OhBilly
11/17/08

In reply to How Not To Be An Inside Trader
He's going to learn to love PIPE in prison.
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lawyergay
11/17/08

@OhBilly: Nice one! There really is nothing funnier than a veiled reference to male-on-male prison rape!
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Uncle_Billy_Slumming
11/17/08

In reply to How Not To Be An Inside Trader
He wears a white cowboy hat in the bedroom!

"In July 2006, Cuban financed Sharesleuth.com, a web site created by former St. Louis Post-Dispatch investigative reporter Christopher Carey to uncover fraud and misinformation in publicly traded companies. Experimenting with a new business model for making online journalism financially viable, Cuban disclosed he would take positions in the shares of companies mentioned in Sharesleuth.com in advance of publication. Business and legal analysts questioned the appropriateness of shorting a stock prior to making public pronouncements which are likely to result in losses in that stock's value. Cuban insisted that the practice is legal in view of full disclosure.

In October 2008, Cuban started Bailoutsleuth.com as a grassroots, online portal for oversight over the US government 700 billion dollar "bailout" of financial institutions"
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depardoo
11/17/08

In reply to How Not To Be An Inside Trader
This, alas, is going on all day, every day, I suspect.
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Uncle_Billy_Slumming
11/17/08

In reply to How Not To Be An Inside Trader
He has a great name for blogging, and billions and tantrums, but where does the name Cuban come from? Is it like Mark Twain?

Mark Cuban!
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overunderover
11/17/08

In reply to How Not To Be An Inside Trader
I know there's basketball at Sing Sing, but is there at Club Fed?
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Sarcastro
11/17/08

In reply to How Not To Be An Inside Trader
And another thing, he's not even Cuban. He's from Pittsburgh.
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badasscat
11/17/08

@Sarcastro: KRAMER: Jerry, once you've had real Cubans, there's just nothing else like it.

JERRY: (confused) We're talking about people, right?

KRAMER: Yes, yes. The quality, the texture, the intoxicating aroma. These guys don't have it.

JERRY: I thought they smelled pretty nice.

KRAMER: Jerry, your palate's unrefined.
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PandoraSpocks
11/17/08

In reply to How Not To Be An Inside Trader
Love of bloggng + laptop + crazy temper = day trading from the hoosegow.
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Aaron Altman
11/17/08

In reply to How Not To Be An Inside Trader
This -

- wasn't worth it.
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contradicto
11/17/08

@Aaron Altman: Thanks. Now I'm thinking about milky teats.
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Aaron Altman
11/17/08

@contradicto: @mark duffy: I'll meet both of you at AltaVista's homepage.
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Colonel Mustard
11/17/08

In reply to How Not To Be An Inside Trader
I know how he feels. I sold off all my stock in bullshit right before John McCain "went negative".
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Larry Fine
11/17/08

@Colonel Mustard: Bon mot.
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TheHonJudgeSmails
11/17/08

In reply to How Not To Be An Inside Trader
I thought things like insider trading were only illegal for people who make less than $1 mil/year?
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Jill7
11/17/08

@TheHonJudgeSmails: Or are women, like Martha Steward.
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Jill7
11/17/08

@Jill7: Stewart, sorry.
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Gosukusan
11/17/08

@Jill7:

Na she got busted for lying to the Feds - about her insider trading haha
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Larry Fine
11/17/08

In reply to How Not To Be An Inside Trader
Viva Cubbies! Cuban Libre!
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MoeGolden
11/17/08

In reply to How Not To Be An Inside Trader
Mark Cuban will always have a fond place in my heart because, immediately after reading about his blogging obsession, I once wrote him an email about something trivial out of the blue and he responded in ten minutes.
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Artie Fufkin
11/17/08

@MoeGolden: Did you immediately sell your Trivial stock? Because that might be a problem.
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Minsley Tortimer
11/17/08

@MoeGolden: write him back and ask how he would have ditched the stock in retrospect, w/o getting busted. I mean, there has to be a way to bury things like this. sell stock across the board because you've decided to move into gold? wife just told you she was leaving and you needed to get liquid fast? how do you bury an illegal stock move? gawker? thoughts?
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Iceland Spar
11/17/08

@Minsley Tortimer: One good piece of advise - when the CEO of a company calls you and says, I am about to tell you illegal information on which you cannot trade - don't pick up the phone and sell your entire holding one minute later. From the exact same phone.
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