Insider Trading Ring

许智玮
2021-08-21

SEC charges $Netflix(NFLX)$engineers with $3 million insder trading ring as group allegedly traded ahead of 13 separate earnings announcements.

The SEC said that it caught the illegal trades using data analysis tools that can detect when traders have improbable levels of success trading the securities of company over a period of time.

Long-running, multimillion dollar scheme to profit from valuable, misappropriated company information. 

The group allegedly relied on nonpublic information about the growth in Netflix's subscriber base to buy and sell Netflix securities between July 2016 and July 2019. 

Beware! Traders and Investors should trade and invest with caution!  

Always remember, Profits will always be profits!

To be safe, here's a word of advice. 

Take profits, don't be greedy and don't fall for FOMO! ✔

$AMC Entertainment(AMC)$$Naked Brand(NAKD)$$Exela Technologies, Inc.(XELA)$$Atossa Genetics(ATOS)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • route77
    2021-08-22
    route77
    Interesting thought!
  • Ag1718
    2021-08-22
    Ag1718
    Like …????? … sweet .????? .. fruits ..?????… healthy..?????.. Beautiful..?????.. thanks ?????…. Love ❤️ ??❤️??..
  • Calvert1234
    2021-08-22
    Calvert1234
    Good info provided
  • 马库斯
    2021-08-21
    马库斯
    跟这个有什么关系呢
    • 许智玮Reply马库斯
      Fear of missing out, it's a term for people who are afraid of missing the rocket and end up buying in at a high price and getting their hands burn when it dumps.
    • 许智玮
      Beware of market manipulation and fomo.
    • 马库斯Reply许智玮
      Fomo是什么意思
  • KYHBKO
    2021-08-22
    KYHBKO
    growth of users does not guarantee the rise of stock market ... ... but such insider advantage should not be used.
  • KeN3
    2021-08-22
    KeN3
    Have a good mix of portfolio
Leave a comment
172
22