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If I read a leak about a company's impending doom, then short a bunch of its stock, is this considered insider trading?

Seems like it would be, and I'd be at risk of going to jail.



IANAL, however:

Nope, insider trading is where you take advantage of non-public information. If the information was leaked, it would then be public.


What if you are active in publicizing that information. Does that make you complicit in some sort of improper profiteering?

EDIT: I know you said you weren't a lawyer but I thought I'd put it out there for someone.




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