{"id":5098,"date":"2016-09-08T21:27:25","date_gmt":"2016-09-09T02:27:25","guid":{"rendered":"http:\/\/huewhite.com\/umb\/?p=5098"},"modified":"2016-09-08T21:27:25","modified_gmt":"2016-09-09T02:27:25","slug":"when-a-software-bug-is-an-opportunity-ctd","status":"publish","type":"post","link":"https:\/\/huewhite.com\/umb\/2016\/09\/08\/when-a-software-bug-is-an-opportunity-ctd\/","title":{"rendered":"When A Software Bug is an Opportunity, Ctd"},"content":{"rendered":"<p>A reader remarks on <a href=\"https:\/\/huewhite.com\/umb\/2016\/09\/08\/when-a-software-bug-is-an-opportunity\/\" target=\"_blank\">profitable bugs<\/a>:<\/p>\n<blockquote><p><span data-ft=\"{&quot;tn&quot;:&quot;K&quot;}\"><span class=\"UFICommentBody\">This sounds patently illegal to me, both market manipulation and &#8220;insider&#8221; trading (although the legal definition of this latter point may actually preclude this kind of trick.)<\/span><\/span><\/p><\/blockquote>\n<p><span data-ft=\"{&quot;tn&quot;:&quot;K&quot;}\"><span class=\"UFICommentBody\">Preclude the trick? Or do you mean the definition of insider trading doesn&#8217;t include this particular approach? I don&#8217;t see how it could, since the insider must be an employee of the company, I think.<\/span><\/span><\/p>\n<p>Another reader corrects me:<\/p>\n<blockquote><p><span data-ft=\"{&quot;tn&quot;:&quot;K&quot;}\"><span class=\"UFICommentBody\">Nope. &#8220;Insider&#8221; is defined as anyone who is acting on information not available to the general public. So, if you heard two strangers in an elevator talking about how Company Z was going to get hostilly taken over tomorrow by Megabusiness Y, and because of the overheard info you sell your shares of Company Z before the price tanks, you&#8217;ve just committed insider trading.<\/span><\/span><\/p><\/blockquote>\n<p>I wonder how company-private blogs that might carry important material information are viewed by the SEC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A reader remarks on profitable bugs: This sounds patently illegal to me, both market manipulation and &#8220;insider&#8221; trading (although the legal definition of this latter point may actually preclude this kind of trick.) Preclude the trick? Or do you mean the definition of insider trading doesn&#8217;t include this particular approach? \u2026 <a class=\"continue-reading-link\" href=\"https:\/\/huewhite.com\/umb\/2016\/09\/08\/when-a-software-bug-is-an-opportunity-ctd\/\"> Continue reading <span class=\"meta-nav\">&rarr; <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5098","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/5098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/comments?post=5098"}],"version-history":[{"count":1,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/5098\/revisions"}],"predecessor-version":[{"id":5099,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/5098\/revisions\/5099"}],"wp:attachment":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/media?parent=5098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/categories?post=5098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/tags?post=5098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}