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by bryanrasmussen 1832 days ago
>And your company will carefully tell you when the safe times to do so

not familiar with the whole situation, but I'd worry the company would tell me times that were advantageous for it, not necessarily for me.

on edit: I suppose the downvotes are HNs way of telling me that would be a silly thing to worry about. Thanks for the clarification.

on second edit: thanks for the actual clarifications as to why I would be silly to worry about that kind of thing.

2 comments

I think its usually a very pre-arranged time (like once a quarter shortly after the quarterly earnings since you cant know what's in the next quarterly earning if the previous one just happened).

Besides, are there really bad and good times for the company? Its not like the company itself is affected, just the stock holders. Management wants stock to go up because management usually owns stock. So screwing you would also screw themselves.

Last of all, if you dont like the blackout periods, you can just setup an arms length plan to bypass it https://www.investopedia.com/terms/r/rule-10b5-1.asp

No, actually, it is the opposite. For legal compliance, the company tells you when it is safe for you to trade, assuming that you do not have any insider information that would affect the stock price during the allowed periods, without getting into legal trouble.

My company does this and it is a relief for legal compliance reasons.