Quote from qll:
I always heared the stories of inside trading. Even dreamed what if I knew this this this before everybody knows that that that. Well this really happens now.
It happens that I know the earnings of a large public traded company one week before they are released to the public. I checked the recent market reaction of recent earning release. The stock price is up or down 5%-15%. Its average daily trading volume tells me if I can trade $20 million one day before the earninng release, the market won't feel a thing. So that is $2 million profit per Q, or $8 million per year.
What should I do now?
A shut up and borrow as much money as I can to trade the stock
B trade options for max gain
C find somebody who has $20 million and share the profit
D don't use it, because it is illegal, although nobody will ever know because I have nothing related to this public company.
Very confused now. Please let me know what you will do and what I should do now.
