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Insider trade on Splunk acquisition?

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417 points mkmk | 1 comments | 21 Sep 23 15:58 UTC | HN request time: 0.214s | source
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jkubicek ◴[21 Sep 23 16:42 UTC] No.37600265[source]▶
Obviously I don't condone insider trading, but it's nice to see someone go all in and make some real money. If you're going to risk jail time, you might as well do it for life-changing amounts of cash.

Contrast this with Stephen Buyer who's going to trial and may well end up in jail for a piddly few $100k.

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sokoloff ◴[21 Sep 23 16:43 UTC] No.37600283[source]▶
I expect this trade will indeed change the trajectory of their life.
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1. maximinus_thrax ◴[21 Sep 23 23:12 UTC] No.37605719[source]▶
Unless the trader is a lawmaker (or their family) who found out about this through the nature of their job. Congress is more-or-less exempt from insider trading laws if the information is acquired as part of their job.