Wow. Wowdie wow wow. Exec thinks company has had good month. Exec posts happy note to this effect on Facebook. Regulatory thugs call this "insider trading", and prosecute.
This was not a secret note to investors. It. was. on. Facebook.
For reasons I have never understood, "insider" trading makes lefties insane. Drvies them mad. And so on.
I actually find this argument persuasive: if we allowed insider trading, prices would be more accurate.
But you can stop well short of that view and still think it's okay to post accurate information on Facebook. I mean, IT WAS ON FACEBOOK.
Judge for yourself, friends. That's the law. And here is the Facebook post. Click for an even more public and open image:
Nod to Angry Alex.