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RE: [SteemDown.com] - Which whales are powering down?
This might be the future of all corporations imagine if you could see exactly when the CEOs of major corporations were selling. Thanks for building.
@dennygalindo For publicly traded companies at least, the CEO and other key people are required to file a notice with the SEC and publish it explaining when they will be selling and how much. This has if I recall correctly, a 90 day in advance window attached to it.
Not doing this is called insider trading and could also run afoul of sarbanes oxley.
Cool tool though! I upvoted!
In equities it is after the fact though, this is before the action occurs. Much better to get word 7 days before than after.
7 days of public shaming! Lol
Does this mean this site gonna get be called out by Feds or other governmental agency?
Haha, let's hope not =D I am but a humble developer =O ... and #minnow! JUST KEEP SWIMMING, JUST KEEP SWIMMING!
swimming, swimming, swimming
All those poor fishes!! Just... eaten alive! =O
JUST KEEP SWIMMING!
Thank you for upvoting, @williambanks. Huge fan of your work like #steembots and #payitforward! Cheers!
@bitcoiner Thanks, I really appreciate the props like that. Comments like that make it all worthwhile. BTW feel free to play #payitforward All you do is add the tag to the beginning of your post then find any other blog with that tag and cross post, even mine ! :)
I think it's the most powerful tool we minnows can build on right now.
Yes, the blockchain gives total transparency! And as an aside, this was what TheDAO was aiming for. Too bad of its fate though. Anyway, you're welcome!