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by MichaelApproved
4795 days ago
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But OP isn't referring to insider trading. The comment was in regards to the timing of the information. The only time that I believe executives are restricted is during/after an IPO. Another issue is making sure that material information is disclosed properly. Elon was essentially hinting that they were going to have a really good quarter. That kind of information is material and would likely need to be disclosed properly to all investors at once. However, I believe disclosing that information has nothing to do with the timing of earnings release. A company can disclose any information it would like at anytime, so long as it does so properly. If I'm wrong, please let me know in reply. I'm very curious about whether I am making a mistake. |
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