Stock Markets Exposed
Is it illegal to talk about good traits of a stock your investing in?
Is it illegal to talk about good traits of a stock your investing in if you own stock in it? Have not invested yet, been playing VSE numerous games with 8.5% returns over 5 months.
Public Comments
- No. Although it can be if you are in the business and it is usually considered bad form for anyone not to disclose a financial interest anytime they talk without mentioning the fact. For example, if I talk about Berkshire (BRKA or BRKB) and mention that I own it that is enough for good form...the same thing that you did within your question. On the other hand, watch what I do if I talk about what a good long term investment Philip Morris International (PM) is at the right price...even if I qualify that it is just my opinion. (Disclosure: I own PM)
