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RE: [SteemDown.com] - Which whales are powering down?
@dennygalindo For publicly traded companies at least, the CEO and other key people are required to file a notice with the SEC and publish it explaining when they will be selling and how much. This has if I recall correctly, a 90 day in advance window attached to it.
Not doing this is called insider trading and could also run afoul of sarbanes oxley.
Cool tool though! I upvoted!
In equities it is after the fact though, this is before the action occurs. Much better to get word 7 days before than after.
7 days of public shaming! Lol
Does this mean this site gonna get be called out by Feds or other governmental agency?
Haha, let's hope not =D I am but a humble developer =O ... and #minnow! JUST KEEP SWIMMING, JUST KEEP SWIMMING!
swimming, swimming, swimming
All those poor fishes!! Just... eaten alive! =O
JUST KEEP SWIMMING!
Thank you for upvoting, @williambanks. Huge fan of your work like #steembots and #payitforward! Cheers!
@bitcoiner Thanks, I really appreciate the props like that. Comments like that make it all worthwhile. BTW feel free to play #payitforward All you do is add the tag to the beginning of your post then find any other blog with that tag and cross post, even mine ! :)
I think it's the most powerful tool we minnows can build on right now.