Comments on: Insider Trading? http://www.hartnall.com/2009/07/insider-trading/ Attempting to convert random thoughts into sentences. Mon, 03 May 2010 08:46:29 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Kelvin Hartnall http://www.hartnall.com/2009/07/insider-trading/comment-page-1/#comment-605 Kelvin Hartnall Fri, 24 Jul 2009 04:14:55 +0000 http://www.hartnall.com/?p=482#comment-605 Thanks for the suggestion. For interested readers, Bruce Sheppard's blog is <a href="http://www.stuff.co.nz/business/blogs/stirring-the-pot" rel="nofollow">Stirring The Pot</a>. Thanks for the suggestion. For interested readers, Bruce Sheppard’s blog is Stirring The Pot.

]]> By: Share Investor http://www.hartnall.com/2009/07/insider-trading/comment-page-1/#comment-595 Share Investor Thu, 23 Jul 2009 06:44:47 +0000 http://www.hartnall.com/?p=482#comment-595 Kelvin, I have no doubt that Sky City shares were traded on inside info, last week and in prior years. I discussed this with an accountant at the company years ago who told me that individuals within that company did it and it is certainly rife within broker circles. I don't think proof can be hard to come by either. Trading patterns can be analyzed and conclusions arrived at. You may be right about it not being "clear" proof as such. Have a look at a recent series of blogs by Bruce Sheppard (Stirring The Pot at Stuff.co.nz)over the NZX and its regulatory deficiencies and you may find an explanation as to why insider trading is not taken that seriously here. Kelvin, I have no doubt that Sky City shares were traded on inside info, last week and in prior years.

I discussed this with an accountant at the company years ago who told me that individuals within that company did it and it is certainly rife within broker circles. I don’t think proof can be hard to come by either. Trading patterns can be analyzed and conclusions arrived at. You may be right about it not being “clear” proof as such.

Have a look at a recent series of blogs by Bruce Sheppard (Stirring The Pot at Stuff.co.nz)over the NZX and its regulatory deficiencies and you may find an explanation as to why insider trading is not taken that seriously here.

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