Well, if you factor in that he bought his position of > $600K US in multiple buys less than a month before the spike then yes, you might say it was a little suspicious.
Turns out US insider trading laws have nothing to do with fairness (even if you aren’t a congressperson).
They have to do with theft. Me trading against you from an information advantage is encouraged! This isn’t an insider trading issue, it’s an ethics issue.
They have to do with theft. Me trading against you from an information advantage is encouraged! This isn’t an insider trading issue, it’s an ethics issue.