I have been giving a lot of thought to this issue of insider trading, and I am having a hard time understanding where is the big problem. I know it is regarded as wrong, but how is anyone hurt? All the inside info does is give the insider the opportunity to buy the subject stock in the open market - a willing buyer and a willing seller. The seller has parted with his shares at a price he is willing to accecpt, so where is the harm?
On the other hand the kind of manipulation we know we have been subjected to is both blateant (SP?) and frustrating. We see our regulators going after the inside traders, but even obvious manipulation is ignored to the point they even deny it exists.
Iam getting seriously pissed by this nonsense.
Please feel free to set me straight if you see flaws in my arguements.
Shortty