11-18-2010, 10:55 AM
Got an email memo this morning at 8:45AM (before markets opened) stating the company would begin exploring spinning off part of it's business into a seperate entity. I knew the stock would pop based on that info, but I held back on buying because it felt sketchy. Sure enough stock is up 8% today on the news. Would having that info and buying with it qualify as insider trading?