What is this thread all about?
Just a place for general discussion. A place to unload whats on your mind and talk about anything - personal, health, help needed, achievements, daily highs and daily lows, theories, predictions and what have you.
Does not need to be Q related.
Is this the 11.3 we are waiting for?
https://www.investopedia.com/terms/s/shortswingprofitrule.asp
While he only owned 9.8% of the stock which would not officially make him beholden to that rule that states 10% makes him an insider (technically 11.3% when he sold, but that was because bbby did a share buy back, and his initial buy in was lower), his agreement with bbby in March explicitly made him an insider, and his subsequent filings reflect that. With that being the case, the “10%” rule is only one way to get to insider status. RC took a different path, but was still an insider, and still subject to the SEC’s swing trading rules.