Story here. I don’t remotely understand stock, shares, technology and have limited understanding of international relations. Can anyone explain it simply?
Story here. I don’t remotely understand stock, shares, technology and have limited understanding of international relations. Can anyone explain it simply?
He buys stock. Does something he knows will make stock go up. Profit.
Or he does something, stocks go down. He buys low, then either lets it come up after a lull or does something to “fix” things and stock rebounds. Profit.
It’s like insider trading, only instead of just acting on news before everyone else knows to make money on the effect, he’s actually creating the effect to make a profit potential.
Correction: it is insider trading. Doesn’t matter if he or someone else created the effect, a trade based on non-public/inside knowledge is insider trading.