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Re: Deere going under ??????
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Posted by Nathan in Texas on September 23, 2005 at 05:50:26 from (64.207.75.244):
In Reply to: Re: Deere going under ?????? posted by buickanddeere on September 22, 2005 at 20:27:21:
What you are describing is illegal and I sure hope it doesn't go on all the time. There are VERY strict rules on insider trading and they have to give advance notice if they plan to buy or sell their stock. Anyone can look up the stock sales or purchases by insiders. Over 75% of John Deere's stock in particular is held by institutional investors (mutual fund companies, etc.) that have full time people tracking earnings estimates and fun stuff like that. If a trend developed like you are describing that company would be reported to the SEC and would have them crawling all over them. Since Enron and Worldcom they are now putting people in jail for stuff like that. FWIW, Nathan
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