[zorga]

Absolutely not.

> It doesn't matter how you got that information.

Yes it does, if I didn't do anything illegal to acquire it, and I have no obligation to the company, I can use it legally, I'm not an insider.

[wahern]

Not quite. If you knowingly acquired the information from an insider and the insider himself would be liable for your trade (e.g. you're a friend or family member), then you could have derivative liability.