Post
Topic
Board Securities
Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx
by
Namworld
on 18/07/2013, 01:26:49 UTC
Not sure who or why, but somebody just bought up  ~430BTC worth of SDICE on havelock. (1901 shares)

Somethings up?
I find that Havelock is now moraly obliged to make public who made this trade. This stinks!
You forget that most people here find insider trading a good thing and they will congratulate him.

I bought a portion of that. Also it happened after the the announcement was made. No insider trading there. Insider trading is trading on knowledge the public was not aware of that you have through the exercise of your functions. So a CEO or key employees selling their stocks knowing the company is having bad times before the news are out is insider trading.

CEO/Employees can trade stock of their own company. Even if Topace was the one who bought the shares, it's not insider trading. Unless he knew upfront the content of the announcement and was ready when it got out, which I doubt. As soon as I saw Erik's announcement, I rushed and bought. First come, first served. There's always a risk leaving orders up on the orderbook.