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April 21, 2014

"Billionaire Brothers Got Good Insider Trading Advice, Says SEC"

Here's some excellent advice about insider trading:

A service that I sometimes provide for free to my readers is telling them how not to insider trade. The first rule of insider trading is "just don't insider trade," but the second rule is, if you are going to insider trade,don't do it by buying short-dated out-of-the-money call options in companies that you know are going to be merger targets. The SEC always notices that.

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