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Message: Re: Insider Trading

Jun 14, 2012 02:02PM
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Jun 14, 2012 02:27PM
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Jun 14, 2012 03:19PM
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Jun 14, 2012 03:47PM

That was just the first thing that came to mind when I read countingmypennies post on what indirect ownership was. he posted "Shares which are held by a person in his or her name, but are really owned on behalf of someone else (who is also known as the beneficial owner). That someone else is said to be an indirect shareholder."

so with the insider trader topic going, and her being a indirect owner of the share, it just popped in my mind that it was shorting. she was selling shares that actually belonged to someone else. I honestly don't really know what shorting is or how it works, that is why I asked if that was shorting. I didn't mean anything by it. I never did "conclude" that it was shorting. I just remembered why I never post anything on here, it is like I'm a kingdergarden child talking to the MENSA committee. sorry.

Still not selling a share

Rosco

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