Ag83 said:

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Hello, this is Bing. I'm sorry to hear about the plane crash. I hope you are safe and well.

To answer your question, insider trading is the buying or selling of a public company's stock or other securities based on material, non-public information about the company. Material information is any information that could substantially impact an investor's decision to buy or sell the security. Non-public information is information that is not legally available to the public.

Insider trading is illegal when the material information is still non-public and can result in fines and jail time. Legal insider trading happens when the insider reports the transactions to the SEC within a certain time frame.

In your case, if you short Boeing stock while on a Boeing plane that just crashed, you may be engaging in illegal insider trading if:

- You have access to material, non-public information about the company or the crash that is not known to the general public, such as the cause of the crash, the extent of the damage, or the impact on the company's operations or reputation.
- You act on that information before it is publicly disclosed or widely disseminated, such as through a press release, a news report, or a regulatory filing.
- You benefit from the decline in the stock price that results from the crash.

However, if you short Boeing stock while on a Boeing plane that just crashed, you may not be engaging in illegal insider trading if:

- You do not have any material, non-public information about the company or the crash that is not known to the general public, such as the cause of the crash, the extent of the damage, or the impact on the company's operations or reputation.
- You act on publicly available information or your own analysis or judgment, such as the historical performance of the company, the industry trends, or the market conditions.
- You do not benefit from the decline in the stock price that results from the crash, or your benefit is negligible or coincidental.

Ultimately, the legality of insider trading depends on the specific facts and circumstances of each case, and the SEC and the courts may have different interpretations of what constitutes material, non-public information and insider trading. Therefore, it is advisable to consult a legal professional before engaging in any transactions that may involve insider trading.

As of January 12, 2024, the closing price of Boeing stock was $222.66, down 2.23% from the previous day. The 52-week high and low prices were $267.54 and $176.25, respectively.

I hope this information helps you. If you have any other questions, please feel free to ask me.

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jkag89 said:

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JPAg88 said:

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jkag89 said:

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JPAg88 said:

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