jdubb990 wrote:Umm no, I understand basic logic, I just know there are loopholes to everything and that many things can be argued either way. What you say is insider trading somebody else could argue was intuition, expertise in econ., investor saviness, etc. Maybe you should be worried about law school exams, most things are not black and white. And I never said where I went to school, somebody tried to infer that from a string of posts.
Actually, you are mischaracterizing your prior post. You asked: is X activity illegal? Here, you're saying that there are A, B, and C as potential defenses to X activity.
But, what you asked before was the equivalent of asking: suppose you're a litigator on the eve of trial, if you could suborn perjury to win the trial, would that be illegal?
The answer to both is, yes they are illegal - there is absolutely no gray area. However, there are probably defenses available.