Comment by 21

So one guy sold 1 mil of stock, the stock dropped 6%, so he avoided a 60k loss. Let's say he expected a 20% drop, and he saved 200k.

If a were a millionaire, I wouldn't risk prison for 200k. Even the litigation to avoid prison could cost 100k.

And this is the kind of thing you know all angles will be looked into (it took a news agency a few hours to unearth this).

If he did it (insider trading), he is very stupid.